homeabout uscontact us
when you think real estate...

« Canada’s Mortgage Market is NOT like the U.S. | Main | Big 5 Foresee Little Growth »

MLS Listings Soar

New MLS® listings rose to 80,147 nationally this summer, up 14.4 per cent year-over-year, according to CREA. The number of resale homes that hit the market rose by 1.4 per cent from the month before and 0.5 per cent from the previous record set in May 2008. However, while listings jumped, sales slumped by 12.2 per cent year-over-year to 48,748 units in July. The average home price declined by 2.4 per cent to $302,298.

Posted on Tuesday, October 7, 2008 at 01:09PM by Registered CommenterElaine | CommentsPost a Comment

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
All HTML will be escaped. Hyperlinks will be created for URLs automatically.