Canadian home sales edge higher in November

Ottawa, ON, December 16, 2019 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales continued to edge higher in November 2019. Highlights: National home sales rose 0.6% month-over-month (m-o-m) basis in November. Actual (not seasonally adjusted) activity was up 11.3% year-over-year (y-o-y). The number of newly listed properties dropped by 2.7% m-o-m. The MLS® Home Price Index (HPI) advanced by 0.8% m-o-m and 2.6% y-o-y. The actual (not seasonally adjusted) national average sale price […]