Canada hits 100 billion dollars: The total annual value of resale homes sold in Canada topped the $100-billion mark for the first time in 2007, but some late-year signs of fatigue in the market are expected to carry into 2008. Sales came in at a total $118.3-billion last year, while the average price of an existing home also hit a record of $326,055 in the major cities tracked by the Canadian Real Estate Association (CREA).