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Canadian home sales and prices up in August, real estate group says

FILE PHOTO: A view of a "For Lease" sign in the shop window at Confederation Court Mall in Charlottetown, Canada on September 8, 2020. REUTERS/John Morris

OTTAWA (Reuters) - Canadian home sales rose 6.2% in August from July, raising them to another new all-time monthly record, the Canadian Real Estate Association said on Tuesday.

The industry group said actual sales, not seasonally adjusted, rose 33.5% from a year earlier, while the group’s Home Price Index was up 9.4% from August last year and up 1.7% from July.

Reporting by Julie Gordon in Ottawa; Editing by Chizu Nomiyama

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