According to statistics released today by The Canadian Real Estate Association (CREA), national resale housing activity picked up in September 2011.
Sales activity rose 2.7 per cent in September from the previous month.
Holding in line with the ten-year average, activity during the first nine months of this year pulled ahead of sales over the same period last year.
The number of newly listed homes held steady when compared to the previous month.
The national housing market tightened in September from the month before, but remains firmly entrenched in balanced territory.
The national average price posted the smallest year-over-year increase since January.
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