January Home Sales Increase across Canada

 The Canadian Real Estate Association has released the latest statistics for national home sales activity.  The month over month sales have increased 1.3% for Jan 2013.  Here are some of the highlights as reported by CREA on Feb 15,2013.

       National home sales rose 1.3% from December to January. 
       Actual (not seasonally adjusted) activity came in 5.2% under levels in January 2012. 
       The number of newly listed homes rose 1.6% from December to January. 
       The Canadian housing market remains firmly in balanced territory. 
       National average sale price was up 2% year-over-year in January. 
       The MLS® HPI rose 3.1% in January, the smallest gain since April 2011. 

The number of home sales processed through the MLS® Systems of real estate Boards and Associations and other cooperative listing systems in Canada edged up 1.3 per cent on a month-over-month basis in January 2013. This marks the fifth month in a row that national sales activity has shown little change from levels in the previous month.

Deb Fittler

Deb Fittler

Sales Representative
CENTURY 21 Millennium Inc., Brokerage*
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