Housing Prices to Increase 4.5%
According to a December 21, 2004 article in the National Post, "housing prices will continue to outpace inflation in 2005, rising on average by 4.5%.
This same article states that "sales will cool next year, declining by 1% to 457,325 but the average home price in Canada will rise to $236,588 from $226,400." Vancouver prices are forecast to increase 3% to $399,000.

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