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Canadian home sales pick up in April

According to statistics released today by The Canadian Real Estate Association (CREA), national home sales activity was up on a month-over-month basis in April 2014.

Highlights:

  • National home sales rose 2.7% from March to April.
  • Actual (not seasonally adjusted) activity stood 0.3% below April 2013 levels.
  • The number of newly listed homes climbed 2.9% from March to April.
  • The Canadian housing market remains in balanced territory.
  • The national average sale price rose 7.6% on a year-over-year basis in April.
  • The MLS® Home Price Index (HPI) rose 5.0% year-over-year in April.

View the detailed CREA news release.  

Source:  The Canadian Real Estate Association (CREA)

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