Canada's home sales fell in July, with Ontario and British Columbia leading the way lower as the newly introduced harmonized sales tax slowed activity in those provinces.
The Canadian Real Estate Association said Monday a total of 31,536 homes were sold in July, compared with 33,836 in June.
Declines in the country's most expensive markets — British Columbia (down 14.1 per cent) and Ontario (down 8.0 per cent) — accounted for most of the change in national activity.
But the agency said the overall decline was smaller than in the previous two months as July sales in the Prairies and Quebec came in on par with June levels.
Read More...
0 comments:
Post a Comment