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December 16th, 2006
The average price for a resale home in Canada's major markets fell by almost $3,500 last month, as prices tumbled in a couple of the country's most expensive cities.
The average resale home sold for $298,094 in November, according to figures from the Canadian Real Estate Association (CREA). That's down from the $301,516 average in October, but is still up 9.4 per cent from a year earlier.
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