Saturday, September 20th11.4°C
23284
22916

Canadian home sales up almost one per cent in July from June: CREA

OTTAWA - The Canadian Real Estate Association says home sales in July rose almost one per cent from the previous month, marking the sixth consecutive monthly increase and the highest level for sales since March 2010.

The association says sales through its Multiple Listings Service rose 0.8 per cent from June to July.

Sales rose in about 60 per cent of all local housing markets in July, led by gains in Victoria, Winnipeg, London and St. Thomas, Ont., and Ottawa, together with broadly based increases in Quebec and New Brunswick.

The national average sale price for a home was up five per cent in July to $401,585 year-over-year.

The real estate association says the national average price continues to be skewed upward by sales in Greater Vancouver and Greater Toronto, which are among Canada's most expensive housing markets. Excluding these two markets, the average price is up four per cent to a more modest $327,988.

The association also says the number of newly listed homes edged up 0.4 per cent in July.

The Canadian Press


Read more Business News

22378


Recent Trending




Today's Market
S&P TSX15265.35-200.19
S&P CDNX955.06-10.73
DJIA17279.7413.75
Nasdaq4579.789-13.637
S&P 5002010.40-0.96
CDN Dollar0.9126+0.0004
Gold1216.90-10.00
Oil92.45-0.62
Lumber329.00-0.90
Natural Gas3.911-0.064

 
Okanagan Companies
Pacific Safety0.16-0.005
Knighthawk0.01-0.005
QHR Technologies Inc1.37+0.05
Cantex0.05-0.01
Anavex Life Sciences0.223-0.0031
Metalex Ventures0.060.00
Russel Metals35.75-1.26
Copper Mountain Mining2.66-0.02
Colorado Resources0.165-0.01
ReliaBrand Inc0.0249+0.0009
Sunrise Resources Ltd0.02-0.005
Mission Ready Services0.29-0.01

 



23021

FEATURED Property
17054803177 - McLeod Road
4 bedrooms 3 baths
$384,900
more details
image2image2image2
Click here to feature your property
Please wait... loading


Disruptive innovation

Last night I was privileged to be able to speak at the Greater Westside Board of Trade business awards dinner. Photo: ContributedI talked about Innovation and Collaboration which are two very interes...


Executors and their duties

There will be a time when you will need to decide who you should appoint as executor of your Will. As well, there may be a time when you will be asked by someone to act as the executor of his or her W...


Power-save your way to a down payment

Part 1 of 2 Photo: Thinkstock.com1. Move in with your parents or in-laws Explain that you're thinking strategically in moving back home. The quickest way to get into the housing market is to ma...

_



23109




Member of BC Press Council


23123