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Canada home resale prices hit record, growth slows

Posted on 28 June 2012

Canadian home resale prices rose in May from April, hitting record highs for the second month in a row, but the pace of growth continued to slow on an annual basis, the Teranet-National Bank Composite House Price Index showed on Wednesday.
Ten of the 11 metropolitan markets tracked by the index were higher and one was flat. It was the first time in nearly a year that none of the 11 markets declined………………………………………..Full Article: Source


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