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Canadian home sales at highest level in five years for fourth consecutive month in August, 2015: CREA

The Canadian Real Estate Association (CREA), released national sales statistics for the month of August, 2015 recently. According to the CREA, “The number of homes trading hands via MLS® Systems of Canadian real estate Boards and Associations edged up 0.3 per cent in August 2015 compared to July and remains near levels that have changed little since reaching a five-year high in May. ”



Highlights of CREA's report    

  • National home sales edged up by 0.3% from July to August.
  • Actual (not seasonally adjusted) activity stood 4.0% above August 2014 levels.
  • The number of newly listed homes rose 0.5% from July to August.
  • The Canadian housing market remains balanced overall.
  • The MLS® Home Price Index (HPI) rose 6.43% year-over-year in August.
  • The national average sale price rose 8.7% on a year-over-year basis in August; excluding Greater Vancouver and Greater Toronto, it increased by 4.2%.

Read the entire report on Canadian MLS® sales for August, 2015.


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I’m always happy to answer your Saskatoon real estate questions. All of my contact info is here. Please feel free to call or email.


Norm Fisher

Royal LePage Vidorra

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