Mortgage News
Canadian home sales in September
According to statistics released by The Canadian Real Estate Association, national resale housing activity rebounded slightly in September 2012, marking the first monthly increase since the spring.
Published
In a recent report from the Canadian Real Estate Association (CREA,) we learn that in the month of September, resale housing activity showed an increase of 2.5%, making this the first increase since the spring.
Some highlights from the report include:
- Home sales up 2.5% from August to September
- Number of newly listed homes up 6.5% from August to September
- Market remains in firmly balanced territory, but conditions have eased
- National average home price up 1.1% compared to September of 2011