Canadian Housing Market Stable For April 2013

 

According to The Canadian Real Estate Association (CREA), April 2013 saw national home sales edge up slightly on a month-over-month basis. Activity has generally held to within short reach of current levels for the past nine months.

Highlights:
•National home sales rose 0.6% from March to April.
•Actual (not seasonally adjusted) activity came in 3.1% below levels in April 2012.
•The number of newly listed homes fell 0.9% from March to April.
•The Canadian housing market remains firmly in balanced territory.
•The national average sale price rose 1.3% on a year-over-year basis in April.
•The MLS® HPI rose 2.2% in April, its smallest gain in more than two years.

Click HERE to read CREA's review.

Posted by Steven Fudge of www.urbaneer.com
 

Posted In: Canada

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