Canadian existing home sales fall in June from May - CREA

Fri Jul 15, 2016 9:13am EDT
 
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OTTAWA, July 15 (Reuters) - Sales of existing Canadian homes fell 0.9 percent in June from May, the second consecutive monthly drop, as declines in Toronto and Vancouver outweighed gains elsewhere, a report from the Canadian Real Estate Association showed on Friday.

The industry group said its Canadian home price index was up 13.6 percent in the month from a year earlier, while actual sales, not seasonally adjusted, rose 5.2 percent from June 2015. (Reporting by Andrea Hopkins; Editing by Chizu Nomiyama)