Newmarket Real Estate News - PRICES ARE UP 10.4% in 2014 - CREA Housing Market Report 12th edt. 2013

Newmarket Real Estate News - Aurora Real Estate News

Published on Jan 15, 2014

According to statistics released today by The Canadian Real Estate Association (CREA), national home sales activity posted its third consecutive month-over-month decline in December 2013.

Highlights: PRICES ARE UP 10.4% 

- National home sales fell 1.8% from November to December 2013.
- Actual (not seasonally adjusted) activity stood 12.9% above weak December 2012 levels.
- The number of newly listed homes dropped 4.3% from November to December.
- The Canadian housing market remains in balanced territory.
- The national average sale price rose 10.4% on a year-over-year basis in December 2013.
- The MLS® Home Price Index (HPI) rose 4.3% year-over-year in December.

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