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Story summary
- In October 2025, Canadian home sales declined to 42,068, 4.3% lower than a year earlier, with month-over-month sales rising 0.9%.
- The average Canadian home price dropped to $690,195, down 1.1% from the previous year.
- In the United States, existing home sales rose 1.2% to 4.10 million, aided by lower mortgage rates.
- Luxury home prices rose 5.5% to a record median of $1,278,950.
- Non-luxury home prices rose 1.8%.
