NEWS
Canadian home sales rise in October
Ottawa, ON, November 15, 2016 - According to statistics released today by The Canadian Real Estate Association (CREA), national home sales were up on a month-over-month basis in October 2016.
Highlights:
National home sales rose 2.4 per cent from September to October. Actual (not seasonally adjusted) activity was up 2.0 per cent year-over-year (y-o-y) in October 2016. The number of newly listed homes edged up 1.7 per cent from September to October. The MLS® Home Price Index (HPI) in October was up 14.6 per cent y-o-y. The national average sale price climbed 5.9 per cent y-o-y.The number of homes trading hands via Canadian MLS® Systems rose 2.4 per cent month-over-month in October 2016.
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