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Canadian Home Sales Decline Further in June

According to statistics[1]released today by The Canadian Real Estate Association (CREA), national home sales declined further in June 2016.

 

Highlights:

  • National home sales fell 0.9% from May to June.
  • Actual (not seasonally adjusted) activity came in 5.2% above June 2015.
  • The number of newly listed homes rose 2.2% from May to June.
  • The MLS® Home Price Index (HPI) rose 13.6% year-over-year in June.
  • The national average sale price climbed 11.2% in June from one year ago; net of Greater Toronto and Greater Vancouver, it advanced 8.4% year-over-year.

 

Read the full article HERE

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