These 2 Canadian housing markets keep reaching new all-time price highs!

Peak house prices are still being reached in two of Canada’s major housing markets.

Again and again, Montreal and Ottawa have reached new heights on the Teranet–National Bank House Price Index, and May was no exception.

Montreal prices were up 5.25 percent from a year ago and 0.5 percent compared to April.

Ottawa saw prices increase 6.14 percent annually and 0.68 percent on a month-over-month basis.

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