According to CREA (Canadian Real Estate Association) The National resale activity climbed further in January 2011, the Statistics released on February 15th support this.
Seasonally adjusted national home sales activity rose 4.5% in January 2011 compared to the previous month reaching the highest level since since April 2010. Led by Vancouver and the Toronto area, seasonally adjusted sales activity posted monthly gains in more than half of all local Canadian markets in January. National Sales activity has improved steadily since last summer and now stands almost 25% above the low point reached in July 201.
This information taken from CREA website
http://creanews.ca/2011/02/15/resale-housing-market-shows-further-improvement-in-january/
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