OTTAWA—Home sales in the country hit a record high last month, the Canadian Real Estate Association said Tuesday. The association said home sales over its Multiple Listings Service system increased by 1.1 per cent in March to top the previous monthly record set in April 2016. On a seasonally adjusted basis, sales totalled 46,353, up from 45,856 in February. The Ontario cities of London and St. Thomas posted a monthly gain of 12.6 per cent and Montreal increased 2.9 per cent. Compared with a year ago, non-seasonally adjusted sales were up 6.6 per cent as gains in the Greater Toronto Area led the way with a 17.0 per cent increase compared with March 2016.

Source: thestar April 18, 2017 15:22 UTC