Canadian home sales surge in December, 2017: CREA

The Canadian Real Estate Association (CREA), released national sales statistics for the month of December 2017 this week.

Home sales via Canadian MLS® Systems posted their fifth consecutive monthly increase in December 2017, fully recovering from the slump last summer.

Highlights of CREA’s report

  • National home sales rose 4.5% from November to December.
  • Actual (not seasonally adjusted) activity was up 4.1% year-over-year.
  • The number of newly listed homes climbed 3.3% from November to December.
  • The MLS® Home Price Index (HPI) in December was up 9.1% year-over-year.
  • The national average sale price advanced by 5.7% year-over-year.

Read the entire report on Canadian MLS® sales for December of 2017.

I’m always happy to answer your Saskatoon real estate questions.  All of my contact info is here. Please feel free to call or email.

Norm Fisher

Royal LePage Vidorra

Canadian home sales rise sharply in November 2017: CREA

The Canadian Real Estate Association (CREA), released national sales statistics for the month of November 2017 this week.

Home sales via Canadian MLS® Systems rose for the fourth month in a row in November 2017, up 3.9% from October.

Highlights of CREA’s report

  • National home sales rose 3.9% from October to November.
  • Actual (not seasonally adjusted) activity was up 2.6% from November 2016.
  • The number of newly listed homes climbed 3.5% from October to November.
  • The MLS® Home Price Index (HPI) was up 9.3% year-over-year (y-o-y) in November 2017.
  • The national average sale price edged up 2.9% year-over-year in November.

Read the entire report on Canadian MLS® sales for November, 2017.

I’m always happy to answer your Saskatoon real estate questions.  All of my contact info is here. Please feel free to call or email.

Norm Fisher

Royal LePage Vidorra

Canadian home sales edge up again in October 2017: CREA

The Canadian Real Estate Association (CREA), released national sales statistics for the month of October 2017 this week. According to the CREA, “National home sales posted a modest monthly increase in October but remain below levels recorded one year ago.

Home sales via Canadian MLS® Systems edged up 0.9% in October 2017 on the heels of monthly increases in August and September, but remained almost 11% below the record set in March.

Highlights of CREA’s report

  • National home sales rose 0.9% from September to October.
  • Actual (not seasonally adjusted) activity stood 4.3% below last October’s level.
  • The number of newly listed homes edged back by 0.8% from September to October.
  • The MLS® Home Price Index (HPI) was up 9.7% year-over-year (y-o-y) in October 2017.
  • The national average sale price climbed by 5% y-o-y in October.

Read the entire report on Canadian MLS® sales for October, 2017.

I’m always happy to answer your Saskatoon real estate questions.  All of my contact info is here. Please feel free to call or email.

Norm Fisher

Royal LePage Vidorra

Canadian home sales edge lower in January, 2017: CREA

The Canadian Real Estate Association (CREA), released national sales statistics for the month of January, 2017 this week. According to the CREA, “National home sales were down slightly in January 2017 on a month-over-month basis.

 

Home sales over Canadian MLS® Systems edged down by 1.3% month-over-month in January 2017, putting them at the second lowest monthly level since the fall of 2015 and only slightly above levels recorded last November when recently tightened mortgage regulations came into effect.

 

Highlights of CREA’s report

  • National home sales declined 1.3% from December 2016 to January 2017.
  • Actual (not seasonally adjusted) activity in January was up 1.9% from a year earlier.
  • The number of newly listed homes dropped 6.7% from December 2016 to January 2017.
  • The MLS® Home Price Index (HPI) in January was up 15.0% year-over-year (y-o-y).
  • The national average sale price was little changed (+0.2%) y-o-y in January.

 

Read the entire report on Canadian MLS® sales for January, 2017.

 

I’m always happy to answer your Saskatoon real estate questions.  All of my contact info is behind the contact button on the navigation bar at the top of this page. Please feel free to call or email.

 

Norm Fisher

Royal LePage Vidorra

Canadian home sales cool in November: CREA

The Canadian Real Estate Association (CREA), released national sales statistics for the month of November, 2016 today. According to the CREA, “The number of homes trading hands via Canadian MLS® Systems declined 5.3 percent month-over-month in November 2016. This represents the largest monthly decline in activity since August 2012. As
a result, the number of homes changing hands now stands at the lowest level since September 2015.”

“November was the first full month in which the expanded stress-test was in effect for home buyers with less than a twenty percent down payment,” said CREA President Cliff Iverson. “The government’s newly tightened mortgage regulations have dampened a wide swath of housing markets, including places not targeted directly by the government’s latest regulatory measures. The extent to which they pushed first-time home buyers to the sidelines varies among housing markets. All real estate is local, and REALTORS® remain your best source for information about sales and listings where you live or might like to in the future.”

Highlights of CREA’s report    

  • Actual (not seasonally adjusted) activity remained 1.6% above levels in November 2015.
  • The number of newly listed homes edged down 0.4% from October to November.
  • The MLS® Home Price Index (HPI) in November was up 14.4% year-over-year (y-o-y).
  • The national average sale price climbed 7.3% y-o-y in November.

 

Read the entire report on Canadian MLS® sales for November, 2016.

I’m always happy to answer your Saskatoon real estate questions.  All of my contact info is here. Please feel free to call or email.

Norm Fisher
Royal LePage Vidorra