Statistics released by the Canadian Real Estate Association (CREA) show national home sales have already set a new annual record in 2021.
National home sales rose 8.6% on a month-over-month basis in October.
Actual (not seasonally adjusted) monthly activity was down 11.5% on a year-over-year basis.
The number of newly listed properties climbed by 3.2% from September to October.
The MLS® Home Price Index (MLS® HPI) rose 2.7% month-over-month and was up 23.4% year-over-year.
The actual (not seasonally adjusted) national average sale price posted an 18.2% year-over-year gain in October.
NATIONAL RESIDENTIAL STATISTICS
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