OTTAWA — Home sales recorded via Canadian MLS Systems advanced for the sixth consecutive month in August, according to the latest data from the Canadian Real Estate Association, with a 1.4% month-over-month increase. Transactions are now running almost 17% above the six-year low reached in February but remain about 10% below highs reached in 2016 and 2017. Activity was up in slightly more than half of all local markets, although monthly changes were generally modest across most of the country. Actual (not seasonally adjusted) sales activity was up 5% from where it stood in August 2018.
Home resales edge higher in August
Most Recent
Most Read
BeautiTone unveils 2025 Colour of The Year
Fri, October 04th, 2024
Building materials prices slump in Quebec
Fri, October 04th, 2024
Amazon slated to hire 9,000 employees
Fri, October 04th, 2024
Grainger begins work on warehouse
Thu, October 03rd, 2024
Port strike could cost U.S. economy billions
Thu, October 03rd, 2024
Small businesses to get carbon rebates
Thu, October 03rd, 2024
Port strikes across North America loom large
Wed, October 02nd, 2024
Minimum wage climbs in four provinces
Wed, October 02nd, 2024
U.S. construction spending dips unexpectedly
Wed, October 02nd, 2024
Canfor announces CEO’s departure
Tue, October 01st, 2024