January 15, 2019 / 2:16 PM / a year ago

Canadian home sales fall for 4th straight month in December -CREA

TORONTO, Jan 15 (Reuters) - Resales of Canadian homes fell 2.5 percent in December from the previous month, extending a string of monthly declines since September, the Canadian Real Estate Association said on Tuesday.

The industry group said actual sales, not seasonally adjusted, fell 19.0 percent from a year earlier, while the group’s Home Price Index was up 1.6 percent from December 2017. (Reporting by Fergal Smith)

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