Sales of existing homes in Canada in July was little changed from June, partly because some major markets, including Toronto and Vancouver, cooled, the Canadian Real Estate Association said on Tuesday.
Sales of existing homes in Canada in July were little changed from June, partly because some major markets, including Toronto and Vancouver, cooled, the Canadian Real Estate Association said on Tuesday.
The industry group said a total of 37,492 homes changed hands in July, down 0.1 percent from June. But it was up 12.3 percent from the same month last year.
CREA said the national average price in July rose 9.3 percent from a year earlier to $361,181 (US$368,552).
The number of new listings edged up by less than 1 percent in July from June. New listings decreased in 60 percent of local markets, but increased in many large urban centers.
© Copyright (c) Reuters
Subscribe with RSS Reader
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.
Comments:
Post Your Comment: