Canadian Home Sales Hit Record High

Posted by Staff Reporter on Jan 15, 2018 02:27 PM EST
  • email
  • print
Canadian Home Sales Hit Record Highmore big
Canadian Home Sales Hit Record High

Canadian home sales rose to a record in December just before tougher mortgage rules took effect, helping make 2017 the second strongest market ever.

Transactions climbed 4.5 percent from November to 45,976, the Canadian Real Estate Association reported Monday from Ottawa, and are up 9 percent over the past two months. That’s the biggest two-month gain since 2009. The national benchmark price index was little changed on the month and was up 9.1 percent from 12 months earlier.

Read Full

Get the Most Popular RealtyToday Stories in a Weekly Newsletter
© 2017 Realty Today All rights reserved. Do not reproduce without permission.
Real Time Analytics