(Source: The Star)

Toronto home prices will be higher by the end of this year, according to a forecast by the Canada Mortgage and Housing Corp.

An improving economy means the average home price will hit $384,120 by the end of 2009, up 1.1 per cent from the year before, the federal housing agency said yesterday.

Read the full article by Tony Wong “Real estate on the cusp of recovery” in the Toronto Star (Sep 4, 2009).

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