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News 2026-10-16 09:02 UTC

Canadian home sales fall in September as mortgage rates increase, CREA says

By Promit Mukherjee OTTAWA, Oct 16 (Reuters) — 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