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Tomorrow the Canadian Real Estate Association will announce home sales volume and price data for July and Queen’s real estate expert John Andrew is available to comment on these numbers.

“The real estate industry is widely expecting that Friday’s release by the Canadian Real Estate Association of its home sales volume and price data for July will show a significant increase in both, at least on the more meaningful year-over-year basis,” says Dr. Andrew. “Data from several local real estate boards across Canada released recently suggest that the surge in sales and prices seen in May and June were not just anomalies caused by a weather-delayed spring.”