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The monthly Metropolitan Resale Snapshot provides an overview of the existing home market and expectations for existing home price growth over the short term for 29 areas.
Sales in August continued to recover from the federal government’s mortgage stress test.
B.C. markets saw sales edge higher.
Trading remains well behind year-earlier levels in 18 of our cities.
Listings remain below year-earlier levels in 20 of our 29 markets.
Monthly price trends were variable. Values rose between July and August in 16 areas.
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