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What you need to know about Canada’s booming housing market

Posted on 16 November 2011

With sales of existing homes in Canada rising in October to the highest level since January, the Canadian Real Estate Association boosted its forecast for resale activity for 2011. The industry group released data on October sales activity as well as a revised forecast for the year on Tuesday.
National sales of existing homes increased 1.2% from the previous month, building on a gain of 2.5% in September. Price gains however cooled to 5.5%, the smallest gains since January……………………………………..Full Article: Source


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