December 17, 2018 / 2:37 PM / 7 months ago

Canada home resales fall in November, real estate group says

FILE PHOTO: 'For Sale' sign is pictured in the front yard of a house in Toronto, Ontario, Canada, July 17, 2018. Picture taken July 17, 2018. REUTERS/Carlo Allegri /File Photo

TORONTO (Reuters) - Resales of Canadian homes fell 2.3 percent in November from the previous month, the Canadian Real Estate Association said on Monday.

The industry group said actual sales, not seasonally adjusted, fell 12.6 percent from a year earlier, while the group’s Home Price Index was up 2 percent from November last year.

Reporting by Fergal Smith; Editing by Chizu Nomiyama

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