The Canadian Real Estate Association (CREA), released national sales statistics for the month of March, 2013 today. According the CREA, "National home sales edged upward on a month-over-month basis in March 2013 but stayed well below levels recorded one year ago." Highlights of CREA's report
National home sales rose 2.4% from February to March.
Actual (not seasonally adjusted) activity came in 15.3% below levels in March 2012.
The number of newly listed homes was up 3.2% from February to March.
The Canadian housing market remains firmly in balanced territory.
The national average sale price rose 2.5% on a year-over-year basis in March.
The MLS® HPI rose 2.2% in March, its smallest gain in more than two years.
Read the entire report on Canadian MLS sales for March, 2013.
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