Great Vancouver continues to show the highest year-over-year price growth, up 11.96; followed by Greater Toronto, up 9.99 per cent.
The national average price for homes sold in August was $433,367, up 8.7 per cent on a year-over-year basis.
Meanwhile, CREA is revising upward its national housing forecast for the year despite the dampening effect in some provinces of low prices for oil and other commodities.
CREA says that is because low interest rates and supportive demographics have resulted in stronger than expected home sales activity in British Columbia and Ontario, which account for about 60 per cent of Canadian housing activity.
National sales now are projected to rise by 3.3 per cent to 495,800 units in 2015, marking the second-strongest year on record for home sales in Canada.

CREA:source.