Canadian home sales up 3.7% in June, CREA data shows

July 12, 2024 9:12 AM EDT

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 3.7% in June from May, and were down 9.4% on an annual basis, data from the Canadian Real Estate Association (CREA) showed on Friday.

The industry group's Home Price Index edged up 0.1% on the month and was down 3.4% annually, while the national average selling price was down 1.6% on the year.

(Reporting by Promit Mukherjee; Editing by Ismail Shakil)



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