OTTAWA — Sales of existing Canadian homes edged down 0.9% in December 2019, according to data from the Canadian Real Estate Association, ending a streak of monthly gains that began last March. Activity is currently about 18% above the six-year low reached in February 2019, but ends the year about 7% below the heights recorded in 2016 and 2017. There was an almost even split between the number of local markets where activity rose and those where it declined, with higher sales in B.C.’s Lower Mainland, Calgary and Montreal offsetting declines in the Greater Toronto Area and Ottawa. Actual (not seasonally adjusted) activity was up 22.7% compared to a quiet month of December in 2018.
Home resales inch lower in December
Most Recent
Most Read
Steffan Yantzi joins Home Hardware stores as shareholder
Mon, April 29th, 2024
Looking for your next new hire? Hardlines Classifieds can help
Mon, April 29th, 2024
RONA adds six new affiliate dealers
Fri, April 26th, 2024
King Marketing gathers national team, celebrates achievements of its reps
Fri, April 26th, 2024
Aaron Jarosz promoted to lead Home Depot Canada's pro services
Thu, April 25th, 2024
New owners for Canadian Tire store in Innisfil, Ont.
Thu, April 25th, 2024
United Hardware merges with Do it Best
Thu, April 25th, 2024
Throwback Thursday: Ten years ago, Home Depot Canada started using stores as online showrooms
Thu, April 25th, 2024
CEO shares plans for Home Hardware’s 60th anniversary
Wed, April 24th, 2024
West Fraser posts Q1 financials
Wed, April 24th, 2024