Canadian Home Sales Rise With Economy Holding Up Amid Trade War

Home sales in Canada rose for a second straight month, reflecting a boost in buyer confidence as the economy appeared to shrug off the impact of US tariffs.

Transactions were up 2.8% in June from May, according to seasonally adjusted data released Tuesday by the Canadian Real Estate Association. Meanwhile, the benchmark price of a home in Canada inched down 0.2% in the same period to C$688,600 ($503,400), the sixth straight month of declines.