Canadian Housing Market Nudges Up For May 2013


The Canadian Real Estate Association (CREA), released it statistics yesterday, saying national home sales improved in May 2013, building on gains recorded in the previous two months.

Here are the highlights:

•National home sales rose 3.6% from April to May.
•Actual (not seasonally adjusted) activity came in 2.6% below levels in May 2012.
•The number of newly listed homes was up 1.9% from April to May.
•The Canadian housing market remains firmly in balanced territory.
•The national average sale price rose 3.7% on a year-over-year basis in May.
•The MLS® Home Price Index (HPI) rose 2.3% year-over-year in May.

You can click HERE to link to their report

~ Posted by Steven Fudge of

Posted In: Canada

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