Canadian home sales fell 1.7% in April, CREA data shows

By Thomson Reuters May 15, 2024 | 8:07 AM

OTTAWA (Reuters) – Canadian home sales declined 1.7% in April from March, and were up 10.1% on an annual basis, data from the Canadian Real Estate Association (CREA) showed on Wednesday.

The industry group’s Home Price Index was unchanged on the month and was down 0.9% annually, while the national average selling price was down 1.8% on the year.

(Reporting by Ismail Shakil in Ottawa; Editing by Promit Mukherjee)