Canadian home sales climb in February Posted 03-15-2017 by Charlene Volk & filed under CREA News . Ottawa, ON, March 15, 2017 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales were up on a month-over-month basis in February 2017.
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Home sales over Canadian MLS Systems rose by 5.2% month-over-month in February 2017 to reach the highest level since April 2016. While February sales were up from the previous month in about 70% of all local markets, the national increase was overwhelmingly driven by an increase in activity across the Greater Toronto Area (GTA) and environs.
According to statistics released by the Canadian Real Estate Association (CREA), national home sales rose 4.5 per cent from November to December, the fifth consecutive monthly sales increase. Activity in December was up in nearly 60 per cent of all local markets, led by the Greater Toronto Area (GTA), Edmonton, Calgary, the Fraser Valley, Vancouver Island, Hamilton-Burlington and Winnipeg.
The number of home sales processed through the MLS Systems of Canadian real estate Boards and associations rose 1.8 per cent on a month-over-month basis in August 2014, marking the seventh consecutive monthly increase, and the highest level for sales since January 2010.
Every year before last year were super heated markets? 2008 thru 2015 were "super heated"? Will July 2018 sales even beat july 2008 sales (considering all that population growth in the past 10 years)? How does inventory stack up to the "sales climb" in July? The sales-to-listings trend shown in the graph shows a steady decline since late 2016.
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Canadian home sales climb in February Posted on 15/03/2017 Ottawa, ON, March 15, 2017 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales were up on a month-over-month basis in February 2017.
Home prices climb in July, Victoria and Toronto leading the way By Staff The Canadian Press Real estates ‘For Sale’ signs displayed in front of homes on Woodbine Ave in Toronto on March 12, 2016.
The actual average price for a Canadian home sold in July was $401,585, up five per cent from the same month last year. If you remove Toronto and Vancouver from the equation, the national average drops down to $327,988 and the year-over-year increase is more modest at four per cent.