Canada’s housing market is showing increasing signs of a turnaround with sales rising for the fifth straight month in August. ian-ponting.cb1.info/70tpmd

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The great return-to-office recall will continue to reinforce that pattern, pulling value back toward the core. ian-ponting.cb1.info/g75ao6

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Unlike previous months, where growth was largely driven by the Greater Toronto Area (GTA), August saw GTA sales dip slightly. However, this was more than offset by stronger activity in Montreal, Greater Vancouver, and Ottawa. ian-ponting.cb1.info/b8zzi4

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The Canadian Real Estate Association says home sales were up for the fifth straight month, with a possible acceleration this fall. ian-ponting.cb1.info/ztsftj

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Local property platform Wahi has surveyed the market and has released a list of the least (and, conversely, the most) expensive pockets for housing in the Toronto area. ian-ponting.cb1.info/s2hbhp

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"Activity has continued to gradually pick up steam over the last five months," Shaun Cathcart, CREA's senior economist, said in a statement. ian-ponting.cb1.info/slydpw