Canadian home sales fell 1.7% in April, CREA data shows
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FILE PHOTO: A view of new homes under construction, on the day the Bank of Canada increased its policy rate a full percentage point in Brampton, Ontario, Canada July 13, 2022. REUTERS/Carlos Osorio/File Photo
OTTAWA (Reuters) - Canadian home sales declined 1.7% in April from March, and were up 10.1% on an annual basis, data from the Canadian Real Estate Association (CREA) showed on Wednesday.
The industry group's Home Price Index was unchanged on the month and was down 0.9% annually, while the national average selling price was down 1.8% on the year.
(Reporting by Ismail Shakil in Ottawa; Editing by Promit Mukherjee)
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