The Canadian Real Estate Association says the number of residential properties that changed hands in October was lower compared with a year ago as prices also fell.

There were 42,068 home sales across the country last month, down 4.3 per cent from October 2024.

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But home sales ticked up 0.9 per cent on a month-over-month basis, marking the sixth such increase in the past seven months.

“After a brief pause in September, home sales across Canada picked back up again in October, rejoining the trend in place since April,” said CREA senior economist Shaun Cat

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