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June 15, 2009
Canadian home resale prices rise
According to this report from Reuters, resale prices for Canadian homes rose to their highest average on record in May as consumer confidence strengthened. The increase was more favorable in British Columbia and Alberta.
The average home price last month rose 0.4% to $319,757, topping the previous record set a year ago and the average price recovered 16.4% from the January low.Posted on June 15, 2009 at 06:05 AM in British Columbia Real Estate Market | Permalink
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