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Canadian housing resale market stable in August

Posted on 16 September 2011

Canada’s resale housing market remained relatively stable in August, but the national average price was up 7.7 per cent year over year at $349,916, according to the body that represents most Canadian real estate agents.

In its monthly report, the Canadian Real Estate Association says that while home sales held steady in August compared with July, they did post a big gain compared with a year ago, reflecting a slowdown last summer……………………………………….Full Article: Source


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