![Workers guide equipment at a condominium development in Charlottetown, Prince Edward Island](https://freeamericanetwork.com/wp-content/uploads/2020/07/canadian-home-sales-rise-63-in-june-real-estate-group-says.jpg)
FILE PHOTO: Workers guide equipment at a condominium development in Charlottetown, Prince Edward Island, Canada February 21, 2019. REUTERS/John Morris
July 15, 2020
TORONTO (Reuters) – Canadian home sales rose 63% in June from the previous month, the Canadian Real Estate Association said on Wednesday, as buyers and sellers continued to return to the market following COVID-19-related lockdowns.
The industry group said actual sales, not seasonally adjusted, rose 15.2% from a year earlier, while the group’s Home Price Index was up 5.4% from June last year.
(Reporting by Fergal Smith)