Canada's national resale housing activity climbed to the highest level of any third quarter on record. MLS systems of Canadian real estate boards totalled 135,182 units in the third quarter of 2009, according to statistics released by The Canadian Real Estate Association (CREA). This is the highest level of activity on record for the period from July to September. The number of transactions was up 18 per cent from the third quarter of last year, representing the biggest year-over-year increase since early 2002. Climbing to $327,736, the national MLS® residential average price rose 11 per cent from the same quarter last year.
This information can be found on the CREA Stats website, dated today, October 15th, 2009.
http://creastats.crea.ca/natl/
Do you believe the trend will continue up?
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