Canadian home sales drop in April

Ottawa, ON, May 15, 2017 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales declined in April 2017.


    National home sales fell 1.7 per cent from March to April.

  • Actual (not seasonally adjusted) activity in April was down 7.5 per cent from a year earlier.
  • The number of newly listed homes jumped 10 per cent from March to April.
  • The MLS Home Price Index (HPI) was up 19.8 per cent year-over-year (y-o-y) in April 2017.
  • The national average sale price rose 10.4 per cent y-o-y in April.
  • Home sales over Canadian MLS Systems fell by 1.7 per cent in April 2017 from the all-time record set in March.

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