If you didn’t know it already, here is official word that houses are selling like hotcakes. Sales of existing homes across the country rose in August from July, notching the seventh straight monthly increase and taking sales to their highest level since January 2010. That’s according to the Canadian Real Estate Association (CREA). The industry group for Canadian real estate agents said this morning (Monday, September 15, 2014) that activity was up 1.8 percent last month from July. Actual sales for August, not seasonally adjusted, were up 2.1 percent from August 2013. CREA’s home price index rose 5.3 percent from August 2013, matching July’s gain.
