off-the-wire

Canadian home sales fall 0.6% in May

Kitco Media
By Reuters
Published:
Updated:
Reuters
Canadian home sales fall 0.6% in May teaser image

TORONTO, June 17 (Reuters) - Canadian home sales fell 0.6% in May from April and were down 5.9% on an annual basis, data from the Canadian Real Estate Association showed on Monday.

The industry group's Home Price Index edged down 0.2% on the month and was down 2.4% annually, while the national average selling price fell 4% on the year.

Reporting by Fergal Smith

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