EMBARGO – August 2020 CREA statistics

September 15, 2020 – As providers of the most accurate and timely housing data and statistics, CREA believes the outlook to still be too uncertain to release a forecast at this time.

August 2020 another record-setting month for many Canadian housing markets

Ottawa, ON, September 15, 2020 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales and new listings continued to climb in August 2020.

Summary:

  • National home sales rose 6.2% on a month-over-month (m-o-m) basis in August.
  • Actual (not seasonally adjusted) activity was up 33.5% year-over-year (y-o-y).
  • The number of newly listed properties climbed 10.6% from July to August.
  • The MLS® Home Price Index (HPI) rose 1.7% m-o-m and was up 9.4% y-o-y.
  • The actual (not seasonally adjusted) national average sale price posted an 18.5% y-o-y gain in August.

Home sales recorded over Canadian MLS® Systems increased a further 6.2% in August 2020, raising them to another new all-time monthly record. 

Access the August 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

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.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s