Canadian home sales rise in July

Ottawa, ON, August 15, 2019 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up in July 2019 compared to June. Highlights: National home sales rose 3.5% month-over-month (m-o-m) in July. Actual (not seasonally adjusted) activity was up 12.6% year-over-year (y-o-y). The number of newly listed homes edged back 0.4% m-o-m. The MLS® Home Price Index (HPI) climbed 0.6% m-o-m and 0.2% y-o-y. The actual (not seasonally adjusted) national average sale price was […]