Ottawa, ON, September 15, 2015 - According to statistics released today by The Canadian Real Estate Association (CREA), national home sales activity posted a small month-over-month increase in August 2015.
Highlights:
The number of homes trading hands via MLS® Systems of Canadian real estate Boards and Associations edged up 0.3 per cent in August 2015 compared to July and remains near levels that have changed little since reaching a five-year high in May.
Sales were little changed on a month-over month basis among all local markets in August, with an even split between markets posting increases and those with declines.
“August marked the fourth month in a row for strong and stable national sales activity,” said CREA President Pauline Aunger. “While home prices increased in British Columbia and in the Greater Toronto Area, they have been holding fairly steady in many other parts of the country for some time now. All real estate is local and REALTORS® remain your best source for information about sales and listings where you live or might like to in the future.”
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