Home prices in St. John's dip slightly, Royal LePage survey shows
A newly released house price survey shows a decrease in the cost of homes in St. John's.
The Royal LePage House Price Survey released Wednesday said the median price of a two-storey home has slightly dipped by 0.8 per cent to $385,123.
The cost of a bungalow has dropped by 1.5 per cent to $310,704.
As for the condo market, the median price has remained relatively flat, the survey said, gaining 0.8 per cent to $299,718.
Nationally, the price of a home has jumped 6.5 per cent year-over-year in the fourth quarter to $500,688.