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Toronto Average Resale Home Price Rises 8.9% to C$520,398

Jan. 6 (Bloomberg) -- Resale home prices in the Toronto area rose 8.9 percent in December from a year earlier, to C$520,398 ($489,000), according to the Toronto Real Estate Board. Unit sales climbed to 4,078, from 3,582 in December 2012, the board said in a statement today.

To contact the editor responsible for this story: David Scanlan at dscanlan@bloomberg.net

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