July 15, 2016 / 1:17 PM / in a year

Canadian existing home sales fall in June from May - CREA

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)

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