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Canadian home sales fall in January, real estate group says

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Fergal Smith Reuters
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Credit: REUTERS/TODD KOROL

Canadian home sales fell 2.9% in January from the previous month as a slowdown in the Lower Mainland of British Columbia weighed, the Canadian Real Estate Association said on Friday.

TORONTO, Feb 14 (Reuters) - Canadian home sales fell 2.9% in January from the previous month as a slowdown in the Lower Mainland of British Columbia weighed, the Canadian Real Estate Association said on Friday.

The industry group said actual sales, not seasonally adjusted, rose 11.5% from a year earlier, while the group's Home Price Index was up 4.7% from January last year.

(Reporting by Fergal Smith Editing by Chizu Nomiyama)

((fergal.smith@thomsonreuters.com; +1 416 941 8113;))

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