EMBARGO – October 2020 CREA statistics

Canadian home sales remain historically strong in October

Ottawa, ON, November 16, 2020 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales continued running at historically strong levels in October 2020.

Summary:
• National home sales edged back 0.7% on a month-over-month (m-o-m) basis in October.
• Actual (not seasonally adjusted) activity was up 32.1% year-over-year (y-o-y).
• The number of newly listed properties rose 2.9% from September to October.
• The MLS® Home Price Index (HPI) rose 1% m-o-m and was up 10.9% y-o-y.
• The actual (not seasonally adjusted) national average sale price posted a 15.2% y-o-y gain in October.
Home sales recorded over Canadian MLS® Systems in October 2020 edged back by 0.7% from September’s all-time record for monthly sales.

Access the October 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.

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