Canadian home sales show little change in December, 2012: CREA

The Canadian Real Estate Association (CREA), released national sales statistics for the month of December, 2012 today. According the CREA, "The number of home sales processed through the MLS® Systems of real estate Boards and Associations in Canada edged down 0.5 per cent on a month-over-month basis in December 2012. While sales activity was little changed nationally, it picked up in just over half of all local markets in December." Highlights of CREA's report    
  • National home sales edged 0.5% lower from November to December.
  • Actual (not seasonally adjusted) activity down 17.4% from December 2011.
  • Number of newly listed homes dropped 1.3% from November to December.
  • Canadian housing market remains firmly in balanced territory.
  • National average sale price up 1.6% year-over-year in December.
  • MLS® HPI up 3.3% in December, the smallest gain since April 2011.
Read the entire report on Canadian MLS sales for December, 2012.

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