Canadian home sales fall 0.6% in May
FILE PHOTO: A for sale sign is displayed outside a home in Toronto, Ontario in Toronto, Ontario, Canada December 13, 2021. REUTERS/Carlos Osorio/File Photo
TORONTO (Reuters) - Canadian home sales fell 0.6% in May from April and were down 5.9% on an annual basis, data from the Canadian Real Estate Association showed on Monday.
The industry group's Home Price Index edged down 0.2% on the month and was down 2.4% annually, while the national average selling price fell 4% on the year.
(Reporting by Fergal Smith)