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

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Posted in CREA, Market News
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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