Home Breadcrumb caret Industry News Breadcrumb caret Industry Comparing global home prices Average house prices reached $413,000 in June. By Staff | July 24, 2014 | Last updated on July 24, 2014 1 min read Even though average house prices reached $413,000 in June, Canadian homes are not the most expensive globally. The below video (from Huffington Post) shows that you could buy a 400-square-foot studio apartment in Manhattan for the same price. Still, that amount could also get you a mountainside chalet in Poland. In any case, the news outlet reports that Canadian house prices have risen 7% over last year, and many people are anticipating the market to correct. – – – – – – – – – – For more, read: Home prices overvalued by 20%, says Fitch Millennials to boost housing market Toronto home prices jump 10% House prices surge in big cities during lukewarm market How to invest in real estate Staff The staff of Advisor.ca have been covering news for financial advisors since 1998. Save Stroke 1 Print Group 8 Share LI logo