The Canadian Real Estate Association says that the sales of the house in July increased by 6.6 percent compared to a year ago, with one upward trend after the market slowed down in the previous months.
On the basis of a month of one month from June, home sales increased by 3.8 percent, with a transaction of up to 11.2 percent cumulative since March.
“The long-anticipated post-inflation crisis pickup in the housing has finally arrived in the housing,” says Crea Senior Economist Sean Cathcart, “plans to monitor the plans of the association as to how buyers have responded to the bursting of the new supply which usually appears in the first half of September.”
The association says that the new listing was 0.1 percent in the month.
At the end of July, 202,500 properties were listed for sale across Canada, a year ago to 10.1 percent and conform to the long -term average for that time of the year.
The actual national average selling price of the house sold in July was $ 672,784, which was 0.6 percent from a year ago.
This report of Canadian Press was first published on 15 August, 2025.
Sammy Hades, Canadian Press