Canadian home sales rise in October

Ottawa, ON, November 15, 2016 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales were up on a month-over-month basis in October 2016.


National home sales rose 2.4 per cent from September to October.

  • Actual (not seasonally adjusted) activity was up 2.0 per cent year-over-year (y-o-y) in October 2016.
  • The number of newly listed homes edged up 1.7 per cent from September to October.
  • The MLS Home Price Index (HPI) in October was up 14.6 per cent y-o-y.
  • The national average sale price climbed 5.9 per cent y-o-y.
  • The number of homes trading hands via Canadian MLS Systems rose 2.4 per cent month-over-month in October 2016.

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