The Canadian Real Estate Association says national home sales jumped by 11.3 per cent between March and April as the real estate market picked up again
The association says seasonally-adjusted sales for the month totalled 38,164 compared with 34,277 in March.Sign up to receive daily headline news from the Calgary SUN, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc.
The association says the year-over-year sales decline was markedly smaller than the drops reported in recent months. The seasonally-adjusted number of new listings edged up 1.6 per cent to 54,355 in April from March, but supply remains at a 20-year low. The actual average home price reached roughly $716,000 in April, down 3.9 per cent from April 2022, but up $103,500 from January 2023.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYUnlimited online access to articles from across Canada with one account and fewer ads.
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