Canadian Home Sales Rise for Fourth Straight Month as Buyers Return

Homes in Toronto.Photographer: James MacDonald/Bloomberg

Canadian home sales rose for a fourth straight month as growing confidence the economy will weather US tariffs draws more buyers back into the market.

National home sales were up 3.8% in July from June, bringing the total gain in transactions since March to 11.2%, according to data released Friday by the Canadian Real Estate Association. That boost was led by the country’s largest city, Toronto, which has now seen transactions rebound 35.5% since March, though the total number remains low by historical standards.