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Falling prices and new mortgage rules boost Canadian home sales

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Canada's national home prices were down 0.2 per cent in November and have fallen 2.7 per cent over the past six months.

Ottawa

THE recent drop in Canadian real estate prices and tougher regulations that kick in on Jan 1 are beginning to juice sales.

Brokers reported a 3.9 per cent jump in transactions in November, the Canadian Real Estate Association said on Thursday. That's the second biggest

sentifi.com

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