Thursday, November 20th2.2°C
24124
22934

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

23955


Recent Trending




Today's Market
S&P TSX15075.18+95.029
S&P CDNX783.571.12
DJIA17719.0033.27
Nasdaq4701.868+26.156
S&P 5002052.75+4.03
CDN Dollar0.8851+0.0009
Gold1193.90+3.00
Oil76.47+0.62
Lumber332.70+5.70
Natural Gas4.463-0.026

 
Okanagan Companies
Pacific Safety0.160.00
Knighthawk0.01-0.005
QHR Technologies Inc1.27+0.02
Cantex0.035-0.005
Anavex Life Sciences0.17+0.0099
Metalex Ventures0.025-0.005
Russel Metals30.80+0.18
Copper Mountain Mining2.18+0.09
Colorado Resources0.14+0.01
ReliaBrand Inc0.013-0.002
Sunrise Resources Ltd0.050.00
Mission Ready Services0.335+0.01

 
23744


23459

FEATURED Property
2097664949 Monashee Place
3 bedrooms 3 baths
$559,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Retirement: Health Issues

Our health is really our greatest asset and maintaining our health is of tremendous importance. You want to do what you can to ensure that health issues will not jeopardize the enjoyment of your retir...


Be quiet already!

No, you’re not crazy. There really are voices in your head. Voices that keep you from doing what you need to do during your customer care calls. It can be the voice of your teachers, your parent...


The magic of thinking big

Photo: ContributedYou may have read the book with the same title. I did many years ago and it supported the way I have always tried to make decisions. In his iconic book, The Magic of Thinking Big,...

_



24006

24156


Member of BC Press Council


23121