October 15, 2018
Statistics released today by The Canadian Real Estate Association (CREA) show national home sales edged down slightly between August and September 2018.
Highlights:
• National home sales edged back 0.4% from August to September.
• Actual (not seasonally adjusted) activity was down by 8.9% from one year ago.
• The number of newly listed homes rose by 3% from August to September.
• The MLS® Home Price Index (HPI) was up 2.3% year-over-year (y-o-y) in September.
• The national average sale price edged up a slight 0.2% y-o-y in September.
National home sales via Canadian MLS® Systems eased by 0.4% in September 2018, marking the first decline since April. While sales activity is still somewhat stronger compared to the first half of this year, it remains well below most other months since 2014.
To view the full housing report, visit: https://www.crea.ca/housing-market-stats/stats/