CREA Market Update: Canadian home sales improve slightly in March

The Canadian Real Estate Association (CREA) has just released their March stats for all Canadian MLS Systems.

Below are the highlights:

  • National home sales inched up 1.3% from February to March;
  • Actual (not seasonally adjusted) activity was down 22.7% from last year’s all-time March record;
  • The number of newly listed homes rose 3.3% from February to March;
  • The MLS® Home Price Index (HPI) in March was up 4.6% year-over-year (y-o-y); and
  • The national average sale price declined by 10.4% y-o-y in March.

Click here for the full report.

Below are this month’s housing charts published by CREA:

[the_grid name=”CREA Market Update 2018 March”]