The Canadian Real Estate Association says home sales in October posted their first monthly gain since February.
It says sales were up on a month-over-month basis in October in 60 per cent of all local markets with Greater Vancouver up six per cent, offset in part by a 2.4 per cent drop in Montreal.Compared with a year ago, home sales in October were down 36 per cent.
The actual national average home price was $644,643 in October, down 9.9 per cent from the same month last year.
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