Ottawa, ON, April 15, 2016 - According to statistics released today by The Canadian Real Estate Association (CREA), national home sales posted their third monthly increase and broke all previous monthly records.
Highlights:
The number of homes trading hands via Canadian MLS® Systems rose by 1.5 percent month-over-month to set a new all-time record in March 2016. Though sales edged lower in Greater Vancouver (-0.3 per cent) and the Greater Toronto Area (GTA) (-1.8 per cent m-m), both remain near record highs reached the month before.
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