EMBARGO – January 2020 CREA statistics

EMBARGO – January 2020 CREA statistics

PLEASE NOTE: The information contained in this email and the attached documents are embargoed and cannot be released until 9 am (Ottawa time) Friday, February 14, 2020.

Canadian home sales down in January

Ottawa, ON, February 14, 2020 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales declined between December 2019 and January 2020.

Highlights:

• National home sales fell by 2.9% on a month-over-month (m-o-m) basis in January.
• Actual (not seasonally adjusted) activity was up 11.5% year-over-year (y-o-y).
• The number of newly listed properties was little changed (+0.2%) m-o-m.
• The MLS^® Home Price Index (HPI) advanced by 0.8% m-o-m and 4.7% y-o-y.
• The actual (not seasonally adjusted) national average sale price climbed 11.2% y-o-y.

Home sales recorded over Canadian MLS^® Systems declined by 2.9% in January 2020, although they remain among the stronger monthly readings of the last few years.

Access the January 2020 stats PDF.

For more information, please contact:
Pierre Leduc
Media Relations
pleduc@crea.ca
The Canadian Real Estate Association
200 Catherine Street, 6th Floor    Ottawa, ON K2P 2K9
Tel: +1 (613) 237-7111

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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. View all posts by bramptonrealestateboard