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flag Canadian home sales saw a significant 6.6% yearly increase in July, with prices up 0.6% to $672,784.

flag Canadian home sales rose 6.6% in July compared to the previous year, reflecting an uptick after a period of slowdown. flag Sales also increased 3.8% from June, with a cumulative rise of 11.2% since March. flag The national average sale price was $672,784, up 0.6% from last year. flag There were 202,500 properties listed by the end of July, up 10.1% from last year. flag The Canadian Real Estate Association will monitor buyer reactions to the anticipated influx of new listings in September.

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