Listings and prices increase as Canadian real estate market blossoms, figures show

[Nicholas Wallwork]

Attractive property prices have motivated a record number of sellers in Canada with almost 100,000*new listings making last month the busiest month on record, according to the Canadian Real Estate*Association.

Prices have rebounded 17.6% in a year after falling off through the recession prompting more*activity in the real estate market. There were 97,663 homes put up for sale last month, a 20% jump*from the previous high in March 2008, the figures show.

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