Wednesday 1 February 2012

Canadian home sales edge higher in December- REPORTED BY CREA

 


 

 
 
  • Sales activity rose 1.8 per cent from November to December.
  • Annual activity totalled 456,749 sales in 2011, up 2.2 per cent from 2010.
  • The number of newly listed homes increased 3 per cent from November to December.
  • A simultaneous increase in sales and new listings kept the national resale housing in balanced territory.
  • The national average home price was up just 0.9 per cent on a year-over-year basis in December, marking the smallest increase since October 2010.

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