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Below and attached is a press release from CREA...
Have a great day!
Diane Edwards
Georgian Triangle Association of REALTORS®
(705) 445-7295 (phone)
(705) 445-7253 (fax)
From: Leduc, Pierre [mailto:pleduc@crea.ca]
Sent: March-14-12 3:40 PM
To: Sandy Raymer
Subject: EMBARGO - February statistics
PLEASE NOTE: The information contained in this email and the attached documents are embargoed and cannot be released until 9 am (Ottawa time) Thursday, March 15, 2012.
Canadian home sales edge higher in February
OTTAWA – March 15, 2012 – According to statistics released today by The Canadian Real Estate Association (CREA), national resale housing activity improved in February 2012 after having declined in January.
Highlights:
• Home sales rose 1.4% from January to February.
• Actual (not seasonally adjusted) activity was up 8.6% from February 2011 levels.
• The number of newly listed homes climbed 1.9% from January to February.
• The national sales-to-new listings ratio was little changed, remaining firmly in balanced territory.
• The national average home price advanced 2.0% on a year-over-year basis in February.
Sales activity recorded through the MLS® Systems of Canadian real estate Boards and Associations edged up 1.4 per cent from January to February 2012, recouping one-third of the monthly decline in activity between December 2011 and January 2012.
For more information, please contact:
Pierre Leduc
Media Relations / Relations auprès des médias
pleduc@crea.ca
The Canadian Real Estate Association / L'Association canadienne de l'immeuble
200 Catherine Street, 6th Floor / 200, rue Catherine, 6e étage Ottawa, ON K2P 2K9
Tel/Tél: +1 (613) 237-7111 Fax/Téléc: +1 (613) 234-2567
www.crea.ca www.REALTOR.ca www.ICX.ca
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