Canadian Home Sales Activity Eases In October

Thursday Nov 15th, 2018


November 15, 2018 @ 9:07 AM
Posted by: DRAR

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales declined between September and October 2018.



  • National home sales fell 1.6% from September to October.
  • Actual (not seasonally adjusted) activity was down by 3.7% from one year ago.
  • The number of newly listed homes eased 1.1% from September to October.
  • The MLS® Home Price Index (HPI) was up 2.3% year-over-year (y-o-y) in October.
  • The national average sale price slipped by 1.5% y-o-y in October.


Home sales via Canadian MLS® Systems edged back by 1.6% in October 2018. While activity is still stronger compared to the first half of 2018, it remains below monthly levels recorded from early 2014 through 2017.


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