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Canadian home sales still on the soft side in November, 2012: CREA

The Canadian Real Estate Association (CREA), released national sales statistics for the month of November, 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 1.7 per cent on a month-over-month basis in November 2012. The decline returned activity to where it stood in August following the most recent tightening of mortgage regulations." Highlights of CREA's report    
  • Home sales down 1.7% from October to November.
  • Actual (not seasonally adjusted) activity down 11.9% from November 2011.
  • Number of newly listed homes down 0.9% from October to November.
  • Housing market remains firmly in balanced territory.
  • National average price for home sales down 0.8% on a year-over-year basis in November.
  • MLS® HPI up 3.5% in November, marking its smallest gain since May 2011.
Read the entire report on Canadian MLS sales for November, 2012.


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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 Saskatoon Real Estate

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The Saskatchewan REALTORS® Association (SRA) IDX Reciprocity listings are displayed in accordance with SRA's MLS® Data Access Agreement and are copyright of the Saskatchewan REALTORS® Association (SRA).
The above information is from sources deemed reliable but should not be relied upon without independent verification. The information presented here is for general interest only, no guarantees apply.
Trademarks are owned and controlled by the Canadian Real Estate Association (CREA). Used under license.
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