Ottawa, ON, February 15, 2017 - According to statistics released today by The Canadian Real Estate Association (CREA), national home sales were down slightly in January 2017 on a month-over-month basis.
Highlights:
Home sales over Canadian MLS® Systems edged down by 1.3 per cent month-over-month in January 2017, putting them at the second lowest monthly level since the fall of 2015 and only slightly above levels recorded last November when recently tightened mortgage regulations came into effect.
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