Canadian Home Sales Edge Up in September

Posted October 20, 2016

According to statistics^[1]released today by The Canadian Real Estate Association (CREA), national home sales edged slightly higher in September 2016 compared to August.

Highlights:

National home sales edged up 0.8% from August to September.
Actual (not seasonally adjusted) activity in September rose 4.2% year-over-year (y-o-y).
The number of newly listed homes ticked up 0.5% from August to September.
The MLS® Home Price Index (HPI) in September was up 14.4% y-o-y.
The national average sale price climbed 9.5% y-o-y.

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charlene