Wednesday, September 22, 2010

CREA reports that Home Resales are up in Aug.

The Canadian Real Estate Association reported that sales of existing homes in Canada in August rose 4.1 percent from July, the first monthly increase since March, 2010. The industry group said 32807 homes changed hands in August, with most of the monthly gains concentrated in the two biggest markets, Ontario and British Columbia, a reversal from the previous month.

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