Wednesday, October 1st19.4°C
22738
22916

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 TSX14805.44-155.069
S&P CDNX896.35-12.94
DJIA16804.71-238.19
Nasdaq4422.085-71.305
S&P 5001946.16-26.13
CDN Dollar0.8969+0.0013
Gold1216.20+0.70
Oil89.16+0.05
Lumber343.10+5.30
Natural Gas4.03+0.007

 
Okanagan Companies
Pacific Safety0.135+0.005
Knighthawk0.01-0.005
QHR Technologies Inc1.22-0.04
Cantex0.075+0.01
Anavex Life Sciences0.1804-0.0036
Metalex Ventures0.0550.00
Russel Metals34.68+0.11
Copper Mountain Mining2.29-0.13
Colorado Resources0.16-0.005
ReliaBrand Inc0.019-0.001
Sunrise Resources Ltd0.065+0.045
Mission Ready Services0.31-0.01

 





FEATURED Property
207576189-3745 Lakeshore Road
2 bedrooms 1 baths
$78,900
more details
image2image2image2
Click here to feature your property
Please wait... loading


Power-save your way to a down payment

Part 2 of 2 to read Part 1, click here. 5. Dial down your vacations. New York is out. Maybe Buffalo. For West coast, maybe Seattle instead of Hawaii. Use sites like Airbnb (aribnb.ca) to find ch...


A wildly successful manufacturer

Niche food producer “Sweets from the Earth” thrives using innovation, uniqueness and an unwavering focus on quality. A neighbour’s stew turned Ilana Kadonoff off meat at the age of s...


Finding the smart money

Recently I had the privilege of working alongside André Voskuil, a local guru in the world of Alternative Financing. André has quite the reputation in the world of direct investments as ...

_





23545


Member of BC Press Council


23391