Canadian home sales slip further in January

Canadian home sales slip further in January

 

Ottawa, ON, February 17, 2015 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales activity was down on a month-over-month basis in January 2015.

Highlights:

  • National home sales fell 3.1% from December to January.
  • Actual (not seasonally adjusted) activity stood 2.0% below January 2014 levels.
  • The number of newly listed homes rose 0.7% from December to January.
  • The Canadian housing market remains balanced.
  • The MLS® Home Price Index (HPI) rose 5.17% year-over-year in January.
  • The national average sale price rose 3.1% on a year-over-year basis in January.

The number of home sales processed through the MLS® Systems of Canadian real estate Boards and Associations fell 3.1 per cent in January 2015 compared to December 2014.

For more information, please contact:

Pierre Leduc
Media Relations / Relations auprés des médias
pleduc@crea.ca

CREA monthly stats and MLS HPI jan 2015

Author: bramptonrealestateboard

At the Brampton Real Estate Board (BREB) we believe in the ownership of Real Estate. Our objective is to contribute to the capability and growth of our members in their endeavors by marketing all forms of real property throughout the greater Brampton, Halton Hills and Caledon marketplaces and beyond. The Brampton Real Estate Board is dedicated to providing an environment in which it’s Member REALTORS®, employees, Board of Directors, and Committee volunteers are encouraged to grow, succeed and develop in order to provide the highest level of professional conduct and service.

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