Canadian home sales rise by 3.8% in July
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FILE PHOTO: A for sale sign is displayed outside a home in Toronto, Ontario in Toronto, Ontario, Canada December 13, 2021. REUTERS/Carlos Osorio/File Photo
OTTAWA (Reuters) -Canadian home sales rose 3.8% in July from June and climbed by 6.6% on an annual basis, data from the Canadian Real Estate Association showed on Friday.
The industry group's Home Price Index showed no change in July from June and was 3.4% down compared with July 2024. The national average selling price edged up 0.6% compared with a year earlier.
(Reporting by David Ljunggren; Editing by Hugh Lawson)
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