EMBARGO – November 2021 CREA statistics and Quarterly forecast |

Canadian housing heating up again heading into 2022
Ottawa, ON, December 15, 2021 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales edged up slightly in November, holding onto all of the gains made in October.

Highlights:

• National home sales rose 0.6% on a month-over-month basis in November.
• Actual (not seasonally adjusted) monthly activity edged down just 0.7% on a year-over-year basis.
• The number of newly listed properties climbed by 3.3% from October to November.
• The MLS® Home Price Index (MLS® HPI) rose 2.7% month-over-month and was up a record 25.3% year-over-year.
• The actual (not seasonally adjusted) national average sale price posted a 19.6% year-over-year gain in November.

Home sales recorded over Canadian MLS® Systems edged up 0.6% between October and November 2021. The small increase followed on the heels of a 9% jump in activity in October. 

Access the November 2021 stats PDF.

CREA Updates Resale Housing Market Forecast 
Ottawa, ON December 15, 2021 – The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate boards and associations. 

Monthly home sales over Canadian MLS® Systems were not as volatile in 2021 as they were in 2020. That said, they were nonetheless still very unstable – similar to what was seen during the 2008-2009 financial crisis – but at a much higher level.

Access the December 2021 forecast 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. View all posts by bramptonrealestateboard