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Canadian home sales hold steady in October after 7-month streak of gains: CREA

FILE PHOTO - A builder works on the the roof of a new home under construction in the Montreal suburb of Brossard, August 10, 2010. REUTERS/Shaun Best

TORONTO (Reuters) - Canadian homes sales held steady in October from the previous month after a string of monthly increases that began in March, the Canadian Real Estate Association said on Friday.

The industry group said actual sales, not seasonally adjusted, rose 12.9% from a year earlier, while the group’s Home Price Index was up 1.8% from October last year.

Reporting by Fergal Smith; Editing by Chris Reese

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