November home sales down almost 11 per cent annually

05-Jan-2026

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National home sales fell 10.7 per cent in November compared with the same month last year as the Canadian Real Estate Association says activity has veered into a holding pattern heading into 2026.

The association said 33,895 properties changed hands across the country last month, as home sales also ticked 0.6 per cent lower from October on a seasonally adjusted basis.

The actual national average sale price of a home sold in November was $682,219, down two per cent from a year earlier.