OTTAWA, May 15 (Reuters) - Resales of Canadian homes fell 1.7 percent in April from record highs in March as new listings spiked, the Canadian Real Estate Association said on Monday in a report that suggested a long-awaited slowdown in housing has begun.
The industry group said actual sales, not seasonally adjusted, were down 7.5 percent from April 2016, while home prices were up 19.8 percent from a year ago, according to the group's home price index.