Economic Indicators

Canadian home sales rise to 7-month high in August

09/16/2024

Less than a minute

2024.09.16 09:48

© Reuters. FILE PHOTO: An apartment building is lit by the dawn sun in Toronto, Ontario, Canada April 23, 2020. REUTERS/Chris Helgren/File Photo

TORONTO (Reuters) – Canadian home sales rose 1.3% in August from the previous month, with sales reaching their highest level since January but falling 2.1% on an annual basis, data from the Canadian Real Estate Association showed on Monday.

The industry group’s home price index was unchanged on the month and was down 3.9% annually, while the national average selling price edged up 0.1% on the year.

09/16/2024

Less than a minute

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