Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down from March to April 2021.

 

Summary:

  • National home sales declined by 12.5% on a month-over-month basis in April.
  • Actual (not seasonally adjusted) activity was up 256% year-over-year.
  • The number of newly listed properties fell back by 5.4% from March to April.
  • The MLS® Home Price Index (HPI) rose 2.4% month-over-month and was up 23.1% year-over-year.
  • The actual (not seasonally adjusted) national average sale price posted a 41.9% year-over-year gain in April.

 

Home sales recorded over Canadian MLS® Systems fell by 12.5% in April 2021 compared to the highest level ever recorded in March.

 

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