The fifth annual Price per Square Foot Survey, released August 11 from Century-21 Canada, shows that real estate continues to be a strong investment. While real estate is most often dependent on local market conditions, the past year has seen widespread increases in prices from coast to coast.

The annual study compared the price per square foot of properties sold between January 1 and June 30 this year, compared to the same period last year.

“Looking at the prices across Canada, there isn’t one region that hasn’t seen price growth in the past year,” said Brian Rushton, executive vice-president of Century 21 Canada. “It’s still a seller’s market from Victoria to St. John’s.”…read more.