Ann Marie Drohan
Mortgage Broker
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Phone
Email
Address:
141 Torbay Road, St. John's, Newfoundland and Labrador A1A 2H1
Canadian home sales edge up from September to October
Nov 18
2022Statistics released by the Canadian Real Estate Association (CREA) show national home sales edged a little higher in October 2022.
HIGHLIGHTS
- National home sales were up 1.3% on a month-over-month basis in October.
- Actual (not seasonally adjusted) monthly activity came in 36% below October 2021.
- The number of newly listed properties edged up 2.2% month-over-month.
- The MLS® Home Price Index (HPI) declined by 1.2% month-over-month and was down 0.8% year-over-year.
- The actual (not seasonally adjusted) national average sale price posted a 9.9% year-over-year decline in October.
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