Tuesday, July 28th22.8°C
26925
26843

Canadian home sales in March up 4.9 per cent from year ago, CREA says

TORONTO - The Canadian Real Estate Association says the number of homes sold last month was up 4.9 per cent compared with the same month last year, but remained below the 10-year average.

The industry association also says sales in March were up 1.0 per cent compared with February, but below a recent peak set last August.

CREA says more than half the local markets it tracks saw more sales in March, led by Vancouver, Calgary and Toronto.

However, the number of new listings rose only half a percentage point and the supply of homes for sale remains low.

The national average price for homes sold in March was $401,419, up six per cent from the same month last year.

The association's MLS home price index also rose 5.19 per cent year-over-year, up slightly from 5.05 per cent in February.

The Canadian Press


Read more Business News




Recent Trending




Today's Market
S&P TSX14079.49+78.12
S&P CDNX583.46+1.74
DJIA17634.61+194.02
Nasdaq5087.58+47.81
S&P 5002093.48+25.84
CDN Dollar0.7732+0.0063
Gold1097.10+0.60
Oil48.22+0.37
Lumber256.10-1.60
Natural Gas2.821+0.032

 
Okanagan Companies
Pacific Safety0.18-0.01
Knighthawk0.010.00
QHR Technologies Inc1.37+0.01
Cantex0.05+0.00
Anavex Life Sciences0.809-0.101
Metalex Ventures0.06-0.01
Russel Metals18.28-1.17
Copper Mountain Mining0.835+0.035
Colorado Resources0.06+0.00
ReliaBrand Inc0.0045-0.0022
Sunrise Resources Ltd0.03+0.00
Mission Ready Services0.15+0.00
Decisive Dividend Corp2.60-0.10

 



25608

FEATURED Property
233079321-1880 Old Boucherie Road
2 bedrooms 2 baths
$69,900
more details
image2image2image2
Click here to feature your property
Please wait... loading


Chasing ducks

Photo: Thinkstock.comWhen businessmen tell me that being low priced is the only way to stay in business, I am skeptical. Price is the simplest way for a consumer to compare and is overused as the basi...


Taking care of business

Photo: Thinkstock.comRetirement as a goal has changed a lot over the years. There was a time, it was the only goal. You’d punch the clock and count the years until you could stop punching that t...


Income from home equity

Photo: Thinkstock.comWhen retirement funds run low, seniors often ask if tapping into the equity in their home is the right way to retain financial independence. To see if this option might be a good ...

_



26509

26509


Member of BC Press Council


26465