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Canadian home sales up nearly five percent from a year ago but still below ten year average: CREA


The Canadian Real Estate Association (CREA), released national sales statistics for the month of March, 2014today. According to the CREA, "Actual (not seasonally adjusted) activity stood 4.9 per cent above levels posted in March 2013. Sales were up from last March in 60 per cent of local markets with Greater Vancouver, Calgary, and Greater Toronto providing the largest contributions to the national increase.



While up from last year, actual (not seasonally adjusted) activity in March ran 8.2 per cent below its 10-year average for the month of March. Results were similar for actual activity for the first quarter: up 2.8 per cent compared to the first quarter of 2013, but 7.5 per cent below the 10-year average for the first quarter period."
Highlights of CREA's report    

  • National home sales rose 1.0% from February to March.
  • Actual (not seasonally adjusted) activity stood 4.9% above March 2013 levels.
  • The number of newly listed homes edged up 0.5% from February to March.
  • The Canadian housing market remains in balanced territory.
  • The national average sale price rose 6.0% on a year-over-year basis in March.
  • The MLS® Home Price Index (HPI) rose 5.2% year-over-year in March.

Read the entire report on Canadian MLS® sales for March, 2014.


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Norm Fisher
Royal LePage Saskatoon Real Estate

Norm Fisher, Author of the TeamFisher Saskatoon Real Estate Blog

About Norm

Licensed in 1993, Norm brings a wealth of experience to TeamFisher. He has worked in every imaginable capacity including sales agent, office manager, team leader, broker and now, broker/owner. Norm has written a weekly review of the Saskatoon real estate market for more than 650 consecutive weeks which may make him the most consistent industry blogger in the world.Less...

Licensed in 1993, Norm brings a wealth of experience to TeamFisher. He has worked in every imaginable capacity including sales agent, office manager, team leader, broker and now, broker/owner. Norm has written a weekly review of the Saskatoon real estate market for more than 650 consecutive weeks which may make him the most consistent industry blogger in the world.

Norm is known for his passion for technology and can most often be found exploring and experimenting with the next big thing in real estate marketing. He was the first Saskatoon real estate agent to promote a home online and has been an early adopter of new technologies ever since. “Everything about this business has changed over the past 20 years, and it will happen again in the next ten. An open mind and a curious attitude are all that’s needed to continue to find new ways to serve our clients by delivering a faster, smoother, worry-free transaction,” says Norm.

In his spare time, Norm enjoys Crossfit and cycling, some years accumulating over 2,000 kilometres on the road. He’s a strong supporter of the Royal LePage Shelter Foundation and enjoys raising funds by joining fun, fitness-related initiatives like the Grouse Grind for Shelter. In 2015, he trekked the Peruvian Andes to Machu Picchu. In 2017 he walked the southern highlands of Iceland across mountains, sand, snow, ice, lava fields and forest for seven days. Collectively those initiatives raised over a million dollars for Canadian women's shelters.
 

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