Canadian home sales down in November, average price up from year ago: CREA

The Canadian Real Estate Association says home sales fell in November as the average price of a home sold inched higher compared with a year ago.

The association says November home sales fell 0.9 per cent compared with the same month last year.

On a seasonally adjusted basis, November home sales were also down 0.9 per cent compared with October this year. 

The number of newly listed homes fell 1.8 per cent on a month-over-month basis in November.