Home resales edge up in September

Sales of existing Canadian homes were up 0.9 percent between August and September, according to the Canadian Real Estate Association. That was the first month-over-month increase since March. The actual (not seasonally adjusted) number of transactions in September was down 17.5 percent on a year-over-year basis, from the record for that month set last year. That said, it was still the second-highest ever September sales figure by a sizeable margin.