May 15, 2018 / 1:13 PM / 3 months ago

Canada home resales fall in April, lowest in over 5 yrs-CREA

May 15 (Reuters) - Resales of Canadian homes fell 2.9 percent in April from March to the lowest level in more than five years, the Canadian Real Estate Association said on Tuesday.

The industry group said actual sales, not seasonally adjusted, fell 13.9 percent, while the group’s Home Price Index was up 1.5 percent from April 2017. (Reporting by Andrea Hopkins Editing by Chizu Nomiyama)

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