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Canadian Home Sales see Surprise Jump in October

Summary by Benzinga
OTTAWA, Ontario, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Home sales activity recorded over Canadian MLS® Systems increased 7.7% on a month-over-month basis in October 2024, reaching its highest level since April 2022. "The jump in home sales last month was definitely an October surprise, although with the big interest rate cut of 50 basis points announced during the last week of the month, the increase was more likely related to the surge in new lis…
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