January 15, 2020 / 2:25 PM / 12 days ago

Canadian home sales fall in December, ending 9-month streak of gains

TORONTO (Reuters) - Canadian home sales fell 0.9% in December from the previous month, breaking a streak of monthly gains that began last March, the Canadian Real Estate Association said on Wednesday.

The industry group said actual sales, not seasonally adjusted, rose 22.7% from a year earlier, while the group’s Home Price Index was up 3.4% from December last year.

Reporting by Fergal Smith; Editing by Chizu Nomiyama

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