Canadian home sales set record in April

Ottawa, ON, May 16, 2016 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales in April 2016 rose to their highest level ever.


    National home sales rose by 3.1 per cent from March to April.

  • Actual (not seasonally adjusted) activity was up 10.3% compared to April 2015.
  • The number of newly listed homes was little changed (-0.2 per cent) from March to April.
  • The MLS Home Price Index (HPI) rose 10.3 per cent year-over-year in April.
  • The national average sale price climbed 13.1 per cent in April from one year ago; net of the Greater Toronto Area and Greater Vancouver, it was up by 8.7 per cent year-over-year.
  • The number of homes trading hands via Canadian MLS Systems in April 2016 rose by 3.1 per cent month-over-month to set a new monthly record.

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