TORONTO ? Sales of existing homes in Canada fell in October from September and year-over year sales were down as well, the Canadian Real Estate Association said on Thursday in the latest sign Canada?s housing market is slowing.
The industry group for Canadian real estate agents said sales activity was down 0.1% in October from September. Actual sales for October, not seasonally adjusted, were down 0.8% from a year earlier.
CREA?s Home Price Index rose 3.6% in October, the smallest gain since May 2011.
? Thomson Reuters 2012
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