Home sales for September 2012

 According to statisticsreleased today by The Canadian Real Estate Association (CREA), national resale housing activity rebounded slightly in September 2012, marking the first monthly increase since the spring.


  • Home sales up 2.5% from August to September.
  • Actual (not seasonally adjusted) activity down 15.1% from September 2011.
  • Number of newly listed homes up 6.5% from August to September.
  • Market remains firmly in balanced territory, but conditions have eased.
  • National average home price up 1.1% on a year-over-year basis in September.
  • The MLS® HPI rose 3.9% in September, its smallest gain since May 2011.
Raja Shnoudeh

Raja Shnoudeh

Sales Representative
CENTURY 21 Heritage Group Ltd., Brokerage*
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