Tuesday, April 21st24.0°C
24963

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 TSX15346.44-66.16
S&P CDNX700.17-3.48
DJIA17949.59-85.34
Nasdaq5014.10+19.50
S&P 5002097.29-3.11
CDN Dollar0.8148+0.0002
Gold1201.70+8.20
Oil55.50-0.88
Lumber247.00+4.10
Natural Gas2.571-0.004

 
Okanagan Companies
Pacific Safety0.135+0.020
Knighthawk0.010.00
QHR Technologies Inc1.45+0.03
Cantex0.035+0.005
Anavex Life Sciences0.445+0.060
Metalex Ventures0.10+0.02
Russel Metals27.00-0.42
Copper Mountain Mining1.07-0.03
Colorado Resources0.105-0.005
ReliaBrand Inc0.005+0.001
Sunrise Resources Ltd0.04+0.00
Mission Ready Services0.18-0.00
Decisive Dividend Corporation1.70-0.10

 



24947

FEATURED Property
21526979970 Highway 97 North
10091030 bedrooms
$2,400,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Calling on your help!

Has the internet flattened prices as predicted? Has the internet created opportunities for your business to find higher priced markets further afield? Is posting prices on your website a good thing o...


Living with Plan B

“It does not do to leave a live dragon out of your calculations, if you live near him.”― J.R.R. Tolkien, The Hobbit Photo: Thinkstock.comHuman beings are optimists by nature. Whether...


Reverse mortgage solution

With the housing and financial markets on solid footing, some retired Canadians may consider cashing in their growing assets to enjoy vacations and major home renovations. Others, on the other hand, a...

_



25633

26091


Member of BC Press Council


24875