Statistics released by the Canadian Real Estate Association (CREA) show national home sales slowed further in July 2022.
On a seasonally adjusted basis, the association said sales in July fell 5.3 per cent compared with June. The actual number of sales last month was 37,975, down 29 per cent compared with July last year.
The average sales price was $629,971, down five per cent from $662,924 last July and on a seasonally adjusted basis amounted to $650,760, a three per cent drop from June, CREA said.
Details on CityNews Everywhere or on the CREA website.
