Canadian home sales decreased 0.7% month-over-month but increased 4.8% year-over-year, per CREA.
Canadian home sales dropped 0.7% in July compared to June, but increased 4.8% year-over-year, according to the Canadian Real Estate Association (CREA). Monthly CREA home price index rose 0.2%, but saw a 3.9% decrease compared to the previous year. The national average selling price remained almost unchanged year-over-year.
August 15, 2024
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