Mortgage News
Home sales rise in November
<br><br> Sales of existing homes in Canada rose for a fourth straight month in November, reinforcing market sentiment that stability is returning to the sector after it cooled earlier this year from the red-hot levels of 2009. The Canadian Real Estate Association (CREA) said Wednesday a total of 37,658 homes changed hands in November, up 4.8 per cent from 35,936 in October. Sales were down 9.3 per cent from November 2009. <br><br>
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Sales of existing homes in Canada rose for a fourth straight month in November, reinforcing market sentiment that stability is returning to the sector after it cooled earlier this year from the red-hot levels of 2009. The Canadian Real Estate Association (CREA) said Wednesday a total of 37,658 homes changed hands in November, up 4.8 per cent from 35,936 in October. Sales were down 9.3 per cent from November 2009.