CREA News – Canadian home sales remain at lower levels in September

Ottawa, ON, October 15, 2012 – According to statistics released today by The Canadian Real Estate Association (CREA), national resale housing activity rebounded slightly in September 2012, marking the first monthly increase since the spring.

Highlights:

  • Home sales up 2.5% from August to September.
  • Actual (not seasonally adjusted) activity down 15.1% from September 2011.
  • Number of newly listed homes up 6.5% from August to September.
  • Market remains firmly in balanced territory, but conditions have eased.
  • National average home price up 1.1% on a year-over-year basis in September.
  • The MLS® HPI rose 3.9% in September, its smallest gain since May 2011.

Continue Reading: http://creanews.ca/

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: