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Canada Home Buyers Back in Market in March After Winter

Canadian existing home sales rose at their fastest pace in seven months in March, led by transactions in Alberta, as buyers returned to the market following a winter slowdown.

Sales increased 1.0 percent in March from the previous month, the Canadian Real Estate Association said in a statement today. The number of homes sold jumped 7.3 percent in Calgary and rose 8.8 percent in Edmonton, Alberta’ capital.