Canada's May home sales climb

Globe and Mail

Soaring demand for single family homes in the country's most expensive cities drove sales of resale homes to their highest level in more than five years last month, pushing up average resale prices more than 8 per cent.  Average resale prices jumped 11 percent in both the Greater Vancouver and Greater Toronto areas last month compared to May, 2014, the Canadian Real Estate Board reported.

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Michael James

Michael James

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CENTURY 21 Explorer Realty Inc., Brokerage*
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