Home Sales on the upswing !

Canadian home sales edge higher in January

According to statistics released today by The Canadian Real Estate Association (CREA), national home sales activity edged up on a month-over-month basis in January 2013. National sales activity has held fairly steady after gearing down last August in the wake of tightened mortgage lending rules.


  •           National home sales rose 1.3% from December to January.
  •           Actual 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

For full report by Pierre Leduc, Media Relations, The Canadian Real Estate Association. Click the following link:

CREA Report Home Sales on Upswing

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