Canadian home sales fall

PSX Update • Oct 18, 2026

OTTAWA: Canadian home sales extended their decline in September, after a drop in August, as higher mortgage rates and expectations of a Bank of Canada rate hike dampened activity, the Canadian Real Estate Association said in its monthly note on Friday. Nation...

OTTAWA: Canadian home sales extended their decline in September, after a drop in August, as higher mortgage rates and expectations of a Bank of Canada rate hike dampened activity, the Canadian Real Estate Association said in its monthly note on Friday. National home sales declined 2.3 percent month-over-month in September following a drop of 0.7 percent in August. Sales were down 7.7 percent on an annual basis, with...