December 16, 2019 / 2:18 PM / 5 months ago

Canadian home sales rise for ninth straight month in November: CREA

FILE PHOTO: Construction workers build a new condominium development in Calgary, Alberta, Canada December 6, 2019. REUTERS/Todd Korol/File Photo

TORONTO (Reuters) - Canadian home sales rose 0.6% in November from the previous month, the ninth straight monthly gain, the Canadian Real Estate Association said on Monday.

The industry group said actual sales, not seasonally adjusted, rose 11.3% from a year earlier, while the group’s Home Price Index was up 2.6% from November last year.

Reporting by Fergal Smith; Editing by Chizu Nomiyama

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