CREA News Release

According to statistics released today by The Canadian Real Estate Association (CREA), national home sales edged lower in December 2015 compared to the previous month, but held year-ago levels.

Highlights:

  • National home sales edged back bu 0.6% from November to December
  • Actual (not seasonally adjusted) activity was up 10% compared to December 2014
  • The number of newly listed homes rose 2.2% from November to December
  • The Canadian housing market remains balanced overall
  • the MLS Home Price Index (HPI) rose 7.3% year-over-year in December
  • The national average sale price rose 12% on a year-over-year-basis in December; excluding Greater Vancouver and Greater Toronto, it increased by 5.4%

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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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