Canadian home sales inch lower in December

Ottawa, ON, January 15, 2020 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales eased between November and December 2019. Highlights: National home sales declined by 0.9% on a month-over-month (m-o-m) basis in December. Actual (not seasonally adjusted) activity was up 22.7% year-over-year (y-o-y). The number of newly listed properties dropped by a further 1.8% m-o-m. The MLS® Home Price Index (HPI) advanced by 0.8% m-o-m and 3.4% y-o-y. The actual (not seasonally adjusted) […]