Units Sales
Seasonally adjusted MLS® sales activity totaled 129,451 units in the third quarter of 2007, a 3.2 per cent decline from the record set in the second quarter. The quarterly decline in activity reflects fewer sales in Alberta, Ontario and Quebec. Fewer transactions in those provinces more than offset a quarterly increase in activity in British Columbia.
Seasonally adjusted sales set new quarterly records in Nova Scotia, and Newfoundland and Labrador in the third quarter of 2007. In line with national resale activity, sales reached their second highest quarterly level ever in Saskatchewan, Manitoba, Ontario and Quebec.
Transactions for the year-to-date in September numbered 419,342 units, up 8.4 per cent over the same period last year. Year-to-date sales continue to run ahead of levels for first nine months of 2006 in every province except British Columbia.
A seasonally adjusted total of 41,390 homes traded hands via the MLS® systems of real estate boards in Canada in September, a 3.7 per cent decline from August. Activity was down from August levels in British Columbia, Alberta, Saskatchewan, Ontario and Quebec.
Courtesy of CREA
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