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Wysłany: Nie 9:48, 16 Sty 2011
Temat postu: Canada's housing sales activity higher than antici
Canada's housing sales activity higher than anticipated last year: CREA,
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Due to stronger than projected sales activity in the fourth quarter,
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, the Canadian Real Estate Association (CREA) announced on Friday.
Some 447,
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, down 3.9 percent from the previous year. The annual average price for homes sold via the systems rose by 5.8 percent to 339,
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, 662 U.S. dollars).According to statistics released by the CREA,
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As a result,
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, and was up less than one percentage point compared to second quarter activity."Overall sales activity has improved in recent months,
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Actual (not seasonally adjusted) national sales activity via MLS Systems last month was down 14.4 percent compared to the record-setting December 2009,
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, but still ran slightly ahead of the ten-year average for the month.The CREA also said that the national average price for homes sold last month was 344,
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,551 Canadian dollars -- stable with last October and November and up two percent from the previous December.
Canadians rushed into the market in late 2009 and early 2010 to take advantage of the historically low interest and mortgage rates. The market then plunged into a trough last summer."The hand off to 2011 for sales activity in the fourth quarter suggests that the continuation of low interest rates will further support the housing market,
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