CREA news: Canadian home sales edge higher in November

OTTAWA - December 15, 2011 – According to statistics released today by The Canadian Real Estate Association (CREA), national resale housing activity rose slightly in November 2011 from the previous month.


  • Sales activity rose slightly (+0.5 per cent) from October to November on a seasonally adjusted basis.
  • Year-to-date sales remained in line with the 10 year average, but pulled further ahead of last year’s levels.
  • The number of newly listed homes was down 3.4 per cent from October to November.
  • The national housing market remains balanced, but is edging closer to seller’s market territory.
  • The national average price posted a 4.6 per cent year-over-year gain in November, the smallest increase since January.

    Click here to read the full article
Marlene Ofter

Marlene Ofter

Certified Real Estate Broker
CENTURY 21 Max-Immo
Contact Me

Blog Archives