real estate, Ajax, Pickering, Pickering Village, Whitby, Oshawa, homes for sale, home sellers, home buyers, Toronto Real Estate Board, GTA, Greater Toronto Area, real estate news, real estate information, real estate market updates, area information

Canadian Real Estate Market Reflects The Season – Cool

According to statistics released today by The Canadian Real Estate Association(CREA) show national home sales decline further in February 2018.


  • National home sales declined by 6.5% from January to February.
  • Actual (not seasonally adjusted) activity was down 16.9% year-over-year (y-o-y) in February.
  • The number of newly listed homes recovered by 8.1% from January to February.
  • The MLS® Home Price Index (HPI) in February was up 6.9% y-o-y.
  • The national average sale price declined by 5% y-o-y in February.

Home sales via Canadian MLS® Systems were down 6.5% in February. This marks the second consecutive monthly decline following the record set in December 2017 and the lowest reading in nearly five years.

Click here for the full report:



Posted by Steinhausen | Currently No Comments »


Frank Steinhausen, Broker
RE/MAX Rouge River Realty Ltd., Brokerage
Phone 905-428-6533
Fax 905-668-1850



  • Blogroll

  • Add to Technorati Favorites

    Powered by FeedBurner

    Enter your email address:

    Delivered by FeedBurner



    Copyright © 2007-2009 Real Estate Information: Pickering, Ajax, Pickering Village, and Durham Region     Agent Login     Design by Real Estate Tomato     Powered by Tomato Blogs