Canadian home sales edge higher in March 2019

Ottawa, ON, April 15, 2019 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales edged higher in March 2019 after having declined sharply the previous month. Highlights: National home sales edged up 0.9% month-over-month (m-o-m) in March. Actual (not seasonally adjusted) activity was down 4.6% year-over-year (y-o-y). The number of newly listed homes rose 2.1% m-o-m. The MLS® Home Price Index (HPI) eased by 0.5% y-o-y in March. The national average sale price fell 1.8% […]