Home Sales across Canada increased by 73 per cent in November from the same time a year ago.

Ontario and Quebec resales hit new monthly records as buyers took advantage of record low interest rates on mortgages.

It seems that the monthly home sales are increasing just as fast as they headed downward in 2008.

CREA, the Canadian Real Estate Association recorded 36,383 sales on its MLS in November 2009.

The average Canadian resale home price increased 4.4 per cent from November 2008.