Canadian Home Sales Improve In June 2013

 

According to The Canadian Real Estate Association (CREA), national home sales rose in June 2013, building on gains recorded over the previous three months.

Here are the highlights:

•National home sales rose 3.3% from May to June.
•Actual (not seasonally adjusted) activity came in 0.6% below levels in June 2012.
•The number of newly listed homes edged down 0.5% from May to June.
•The Canadian housing market has tightened but remains in balanced territory.
•The national average sale price rose 4.8% on a year-over-year basis in June.
•The MLS® HPI rose 2.3% year-over-year in June.
 

So is Canada dodging a bursting bubble?

Click HERE for the CREA website and stats.

 

~ Steven Fudge from urbaneer.com

Posted In: Canada

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