July 16, 2018
Statistics released today by The Canadian Real Estate Association (CREA) show national home sales were up from May to June 2018.
Highlights:
-
National home sales rose 4.1% from May to June.
-
Actual (not seasonally adjusted) activity was down 10.7% from June 2017.
-
The number of newly listed homes eased 1.8% from May to June.
-
The MLS® Home Price Index (HPI) in June was up 0.9% year-over-year (y-o-y).
-
The national average sale price edged down 1.3% y-o-y in June.
National home sales via Canadian MLS® Systems rose 4.1% in June 2018 compared to May. While this marks the first substantive month-over-month increase this year, sales remain well down from monthly levels recorded over the past five years.
For the full report, visit: https://www.crea.ca/housing-market-stats/stats/