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Home Sales And Prices Down In April

CANADA DATA
DataHomepagemarkets-real-timeData BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets
  • Canadian Real Estate Association says April sales -1.7% MOM after +0.5% in March. Number of transactions +10% YOY.
  • New listings +2.8% MOM, after -1.6% in March.
  • Average resale price -1.8% YOY; price index +0.9% YOY.
  • “April 2023 was characterized by a surge of buyers re-entering a market with new listings at 20-year lows, whereas this spring thus far has been the opposite, with a healthier number of properties to choose from but less enthusiasm on the demand side,” said Shaun Cathcart, CREA’s Senior Economist.
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  • Canadian Real Estate Association says April sales -1.7% MOM after +0.5% in March. Number of transactions +10% YOY.
  • New listings +2.8% MOM, after -1.6% in March.
  • Average resale price -1.8% YOY; price index +0.9% YOY.
  • “April 2023 was characterized by a surge of buyers re-entering a market with new listings at 20-year lows, whereas this spring thus far has been the opposite, with a healthier number of properties to choose from but less enthusiasm on the demand side,” said Shaun Cathcart, CREA’s Senior Economist.