OTTAWA - The organization representing Canada's real estate agents says the resale market picked up the pace in September.
In its monthly report, the Canadian Real Estate Association says sales of existing homes rose 2.7 per cent in September compared with August.
The increase was even greater compared to the same period last year with sales activity up 11 per cent from September 2010.
However, the national average price for a resale home made its smallest year-over-year increase since January, rising to $352,600.
That's up 6.5 per cent from September a year earlier.
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