As sales and listings both edge lower Canadian real estate market balanced: CREA

The Canadian Real Estate Association (CREA), released national sales statistics for the month of February, 2013 today. According the CREA, "National home sales activity edged back down on a month-over-month basis in February 2013 following an increase in January." Highlights of CREA's report    
  • National home sales declined 2.1% from January to February.
  • The number of newly listed homes fell 1.2% from January to February.
  • The Canadian housing market remains firmly in balanced territory.
  • The national average sale price was down 1% on a year-over-year basis in February.
  • The MLS® HPI rose 2.7% in February, the smallest gain since March 2011.
Read the entire report on Canadian MLS sales for February, 2013.

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Norm Fisher
Royal LePage Saskatoon Real Estate


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