Home Breadcrumb caret Economy Breadcrumb caret Economic Indicators June saw slight increase in home sales Sales were up 0.3% year over year, according to CREA By The Canadian Press | July 15, 2019 | Last updated on July 15, 2019 1 min read iStockphoto The Canadian Real Estate Association says home sales in June edged higher compared with a year ago, as gains in Greater Toronto and Montreal offset declines in B.C. The association says sales through its Multiple Listing Service last month were up 0.3% compared with June 2018. The increase came as the number of newly listed homes edged up 0.8% in June. On a month-over-month basis, however, home sales were down 0.2% in June. CREA says stable sales and a slight increase in new listings caused the national sales-to-new listings ratio to ease to 57.1% in June from 57.7% in May. The national average price for a home sold in June was just under $505,500, up 1.7% from the same month last year. The Canadian Press The Canadian Press is a national news agency headquartered in Toronto and founded in 1917. Save Stroke 1 Print Group 8 Share LI logo