I guess I am wrong about the 12%. It is about 2004 to 2005. But at some part of the city, like kanata, the average resale price raised about 10% at Jan 2006 comparing to Jan 2005.
http://dsp-psd.pwgsc.gc.ca/Collection/CMHC/HN/NH12-32E/NH12-32-2006-1E.pdf
I believe this is the data you should be looking into. It is very useful.
The MPAC price should be the market value of your house at Jan 2005. I were wrong at my last post. I put Jan 2006 on it.
If you bought your house new,you can find your builder's price at Jan 2005. This should be the strongest prove of your case.
http://dsp-psd.pwgsc.gc.ca/Collection/CMHC/HN/NH12-32E/NH12-32-2006-1E.pdf
I believe this is the data you should be looking into. It is very useful.
The MPAC price should be the market value of your house at Jan 2005. I were wrong at my last post. I put Jan 2006 on it.
If you bought your house new,you can find your builder's price at Jan 2005. This should be the strongest prove of your case.