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Canada housing market stabilizes in July, but outlook raised

Posted on 17 August 2011

Sales of existing homes in Canada rose in July from a year ago, but average house prices are now at their lowest level since January as sales of luxury homes in Vancouver slow from their frenzied pace earlier this spring.
Toronto’s housing market, the largest in the country, has also cooled slightly, the Canadian Real Estate Association said Tuesday……………………………………….Full Article: Source


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