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Toronto area home sales fall in August: real estate board

TORONTO - The Toronto Real Estate Board says the number of residential properties sold in August was down 34.8 per cent from the same month last year, but the average price was up modestly.

The average price for all home types was $732,292, up three per cent from August 2016.

At the same time, the number of new listings entered into the board's Multiple Listing Services was down 6.7 per cent from a year ago and the lowest for an August since 2010.

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