off-the-wire

Canadian home sales down 0.7% in July, CREA data shows

Kitco Media
By Reuters
Published:
Updated:
Reuters
Canadian home sales down 0.7% in July, CREA data shows teaser image

OTTAWA, Aug 15 (Reuters) - Canadian home sales fell 0.7% in July from June, and rose 4.8% on an annual basis, data from the Canadian Real Estate Association (CREA) showed on Thursday.

The industry group's home price index edged up 0.2% on the month and fell 3.9% on an annual basis, while the national average selling price was almost unchanged for the year.

Reporting by Promit Mukherjee Editing by David Ljunggren

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