The Canadian Real Estate Association (CREA) recently released national sales statistics for April of 2021.
According to the report, "Home sales recorded over Canadian MLS® Systems fell by 12.5% in April 2021 compared to the highest level ever recorded in March."
"Month-over-month declines in sales activity were observed in close to 85% of all local markets, including virtually all of B.C. and Ontario. In contrast, actual (not seasonally adjusted) sales activity posted a 256% year-over-year gain in April, reflecting the chasm between the best April ever in 2021 and the worst ever last year."
Highlights of CREA's report
National home sales declined by 12.5% on a month-over-month basis in April.
The actual (not seasonally adjusted) activity was up 256% year-over-year.
The number of newly listed properties fell back by 5.4% from March to April.
The MLS® Home Price Index (HPI) rose 2.4% month-over-month and was up 23.1% year-over-year.
The actual (not seasonally adjusted) national average sale price posted a 41.9% year-over-year gain in April.
Read the entire report on Canadian MLS® sales for April of 2021.
TeamFisher.com hosted over 350,000 user sessions in 2020 and displayed more than three million pages to our visitors. If you have a Saskatoon area home you'd like to sell, we know how to get people looking at your home. Reach out to me directly to engage our team and learn about our processes.
I’m always happy to answer your Saskatoon real estate questions. Reach out by voice or text at 306-241-6676 or email me at norm at teamfisher.com
Royal LePage Vidorra