Image by Jeffrey Strong from Pixabay

The U.S.’s cold-weather neighbour to the north has the hottest housing market in North America, according to a report Thursday by Toronto-Dominion Bank. Even as the pace of U.S. sales increased by 13 per cent in March compared with 2019, the increase was a whopping 75 per cent in Canada, according to the report by senior economist Sri Thanabalasingam. The average home price in Canada rose 32 per cent from a year ago, almost twice the rate of increase in the U.S., the report said.

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