Canadian home sales rise to 7-month high in August
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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.
(Reporting by Fergal Smith; Editing by Lisa Shumaker)
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