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    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.

    Highlights:

    • 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:

    http://bit.ly/2FDlHnf

     

     

     

     

     

     

     

     

     

     

     

    Source: http://durhamrealestate.org/blogEntry.cfm?b=16427

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