Economic Indicators
Canadian home sales fall 3% in January
2023.02.15 09:57
© Reuters. FILE PHOTO: A residential housing neighborhood is seen in West Vancouver, British Columbia, Canada October 10, 2022. REUTERS/Chris Helgren/File Photo
TORONTO (Reuters) – Canadian home sales fell 3% in January from December and were down 37.1% on an annual basis, data from the Canadian Real Estate Association showed on Wednesday.
The industry group’s Home Price Index fell 1.9% on the month and was down 12.6% annually, while the national average selling price was down 18.3% on the year.
