OTTAWA — Home sales via Canadian MLS Systems rose for the fourth month in a row in November, according to data from the Canadian Real Estate Association, up 3.9% from October. Led by a 16% jump in sales in the Greater Toronto Area (GTA), the surge in sales there accounted for more than two-thirds of the national increase. Actual (not seasonally adjusted) activity rose 2.6% year over year, setting a new record for the month of November. It was the first yearly increase since March and was unassisted by the GTA, where activity remains down significantly from November 2016 levels.
Home sales gain in November
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