The Canadian Real Estate Association (CREA), released national sales statistics for the month of December 2017 this week.
“Home sales via Canadian MLS® Systems posted their fifth consecutive monthly increase in December 2017, fully recovering from the slump last summer.”
Highlights of CREA's report
- National home sales rose 4.5% from November to December.
- Actual (not seasonally adjusted) activity was up 4.1% year-over-year.
- The number of newly listed homes climbed 3.3% from November to December.
- The MLS® Home Price Index (HPI) in December was up 9.1% year-over-year.
- The national average sale price advanced by 5.7% year-over-year.
Read the entire report on Canadian MLS® sales for December of 2017.
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