Canadian home sales rose 7.2 pct in December from November: CREA
OTTAWA (Reuters) - Canadian home sales rose 7.2% in December from November, setting a new record amid a surge in demand in the Toronto and Vancouver areas, the Canadian Real Estate Association said on Friday.
The industry group said actual sales, not seasonally adjusted, rose 47.2% from a year earlier, while the group’s Home Price Index was up 13.0% from last December and up 1.5% from November.
Reporting by Julie Gordon in Ottawa; Editing by Chizu Nomiyama
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.