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Canadian home sales and prices up in August, real estate group says

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Olive Tapenade & Vinho Verde | SaltWire

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OTTAWA (Reuters) - Canadian home sales rose 6.2% in August from July, raising them to another new all-time monthly record, the Canadian Real Estate Association said on Tuesday.

The industry group said actual sales, not seasonally adjusted, rose 33.5% from a year earlier, while the group's Home Price Index was up 9.4% from August last year and up 1.7% from July.

(Reporting by Julie Gordon in Ottawa; Editing by Chizu Nomiyama)

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