Friday, March 27th6.0°C
24867
24575

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




Recent Trending




Today's Market
S&P TSX14804.25-65.55
S&P CDNX677.33-2.23
DJIA17723.61+45.38
Nasdaq4879.29+15.93
S&P 5002059.86+3.71
CDN Dollar0.7978-0.0032
Gold1196.30-8.80
Oil50.14-1.29
Lumber282.80-3.20
Natural Gas2.621-0.051

 
Okanagan Companies
Pacific Safety0.125-0.005
Knighthawk0.010.00
QHR Technologies Inc1.49-0.01
Cantex0.03-0.01
Anavex Life Sciences0.21+0.00
Metalex Ventures0.04-0.01
Russel Metals24.58-0.10
Copper Mountain Mining1.11-0.02
Colorado Resources0.11-0.01
ReliaBrand Inc0.0075-0.0004
Sunrise Resources Ltd0.045+0.000
Mission Ready Services0.235+0.000
Decisive Dividend Corporation1.78-0.32

 



25528

FEATURED Property
21966526707 marbella loop
2 bedrooms 2 baths
$289,900
more details
image2image2image2
Click here to feature your property
Please wait... loading


CRA Notice of Assessment

Many Canadians rush to file their taxes on time each year and don’t think about it until the next year. One of the most overlooked notices received from the CRA annually is the annual Notice of ...


Medical confidential?

If ICBC asks your doctor for your information you may wonder: Can ICBC ask my doctor for my medical information? Can ICBC request a medical report from my doctor without my consent? What is ICBC entit...


Stay out of sales limbo!

Have you ever had a series of good meetings with a prospect … gathered all kinds of information … and given what you thought was a great presentation … only to receive a response ...

_



25666




Member of BC Press Council


24697