Canadian home sales rise by 3.8% in July

OTTAWA (Reuters) -Canadian home sales rose 3.8% in July from June and climbed by 6.6% on an annual basis, data from the Canadian Real Estate Association showed on Friday.

The industry group’s Home Price Index showed no change in July from June and was 3.4% down compared with July 2024.

The national average selling price edged up 0.6% compared with a year earlier.

(Reporting by David Ljunggren; Editing by Hugh Lawson)

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