A sign is displayed in front of a home in Toronto in this December 15, 2009 file photo. A 2013 survey of 2,000 people for Bank of Montreal found that 27 percent of first-time buyers in Canada expect ... more 
A sign is displayed in front of a home in Toronto in this December 15, 2009 file photo. A 2013 survey of 2,000 people for Bank of Montreal found that 27 percent of first-time buyers in Canada expect their parents or other family members to help them purchase a house. That young adults need help with a first home should come as no surprise. Home prices in Canada hit record highs in late 2013, according to the Teranet-National Bank house price index. Industry data showed the average home price nearing C$400,000 ($358,800) in December. That's up 10 percent from a year earlier and 84 percent from December 2003, when the average price was C$211,768. To match Feature CANADA-ECONOMY/HOUSING REUTERS/Mike Cassese/Files (CANADA - Tags: REAL ESTATE BUSINESS POLITICS) less 
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Reuters | Photo By MIKE CASSESE / REUTERS
Mon, Feb 3, 2014 3:04 PM EST