HAPPENING NOW:

House prices continue to rise

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The national average price for Canadian home resales was $372,000 in June.

That’s up 8.7% from the same month last year.

The Canadian Real Estate Association says its members sold 10.8% more homes last month than a year earlier as well.

A few other statistics show that sales activity in Toronto was stable but declined in Vancouver.

And increases were seen in several cities including Montreal, Ottawa, London and Hamilton.