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We cover updates with our event hosts from across the country as well as the CREA updates,
- Canadian home sales increased 1.9% month-over-month in September 2024, reaching the highest level since July 2023, with a 6.9% year-over-year increase.
- New listings grew 4.9% month-over-month, resulting in a more balanced market with a sales-to-new listings ratio of 51.3% and 4.1 months of inventory.
- The MLS® Home Price Index rose slightly by 0.1% month-over-month, while the national average sale price increased 2.1% year-over-year to $669,630.
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