02:45 PM EDT, 10/10/2024 (MT Newswires) -- Home prices across Canada ticked slightly higher in the third quarter, according to figures from Royal LePage, but despite low activity during the summer, prices are expected to move higher in the fourth quarter, BNN Bloomberg is reporting Thursday.

The aggregate national home price ticked modestly higher during the third quarter by 1.6% annually to $815,500, while falling 1.1% from the previous quarter, according to Royal LePage's latest Home Price Survey, released Thursday.

The survey noted that most markets across the county saw "sluggish activity" during the summer, while sales volumes moved higher in September. Additionally, the report found 38% of regional markets saw aggregate price gains during the third quarter compared to the previous quarter.

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