Canada Real Estate Association
Ottawa, ON, January 16, 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 December 2016.
Highlights:
• National home sales rose 2.2% from November to December;
• Actual (not seasonally adjusted) activity in December was down 5.0% from a year earlier;
• The number of newly listed homes dropped 3.0% from November to December;
• The MLS Home Price Index (HPI) in December was up 14.2% year-over-year (y-o-y);
• The national average sale price climbed 3.5% y-o-y in December.
The number of homes trading hands via Canadian MLS® Systems rose 2.2% month-over-month in December 2016.