Canadian home sales ease back in September

Canadian home sales ease back in September

According to statistics released by The Canadian Real Estate Association (CREA), national home sales activity in September 2014 was down from the previous month.

Highlights:

  • Crea Housing Market ReportNational home sales fell 1.4% from August to September.
  • Actual (not seasonally adjusted) activity stood 10.6% above September 2013 levels.
  • The number of newly listed homes declined by 1.6% from August to September.
  • The Canadian housing market remains balanced.
  • The MLS® Home Price Index (HPI) rose 5.3% year-over-year in September.
  • The national average sale price rose 5.9% on a year-over-year basis in September.

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Yasir Hussain

Yasir Hussain

Sales Representative
CENTURY 21 Percy Fulton Ltd., Brokerage*
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