Home sales down by 0.9% in Canada in June but prices up over 11% year on year

Nationally home sales fell 0.9% from May to June in Canada while prices were up 11.2% year on year, according to the latest index data. It means that monthly falls in sales activity has left transactions down 2.6% below the record set in April 2016, the home index from the Canadian Real Estate Association of Canada (CREA) also shows. There is also considerable price differences depending on location. For example if Greater Toronto and Greater Vancouver are left out of the equation prices are up ...