Economics

Canadian Home Sales Fall for a Second Month in October

Homes stand in Whitby, Ontario, Canada.Photographer: Mark Sommerfeld/Bloomberg
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Canadian home sales declined for a second month in October led by weakness in the country’s largest cities, a realtor group said.

The number of transactions fell by 1.6 percent from September, the Canadian Real Estate Association reported Thursday. Sales fell by 2.9 percent in Montreal and by 1.1 percent in Toronto.