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Canadian home sales saw a significant 6.6% yearly increase in July, with prices up 0.6% to $672,784.
Canadian home sales rose 6.6% in July compared to the previous year, reflecting an uptick after a period of slowdown.
Sales also increased 3.8% from June, with a cumulative rise of 11.2% since March.
The national average sale price was $672,784, up 0.6% from last year.
There were 202,500 properties listed by the end of July, up 10.1% from last year.
The Canadian Real Estate Association will monitor buyer reactions to the anticipated influx of new listings in September.
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Las ventas canadienses de viviendas registraron un aumento anual significativo del 6,6% en julio, con precios que subieron un 0,6% a $672,784.