The affiliation says the drop off was doubtless reflecting uncertainty over the potential for a commerce warfare with the USA.
On a seasonally adjusted foundation, it says gross sales in January had been down 3.3% in contrast with December 2024.
The outcomes got here because the variety of newly listed properties jumped 11% month-over-month.
CREA says that excluding a few of the wild swings seen through the pandemic, it was the biggest seasonally adjusted month-to-month enhance in new provide on document going again to the late Eighties.
The common value of a house was $670,064 in January, up 1.1% from January 2024.
This report by The Canadian Press was first revealed Feb. 18, 2025.
Visited 21 occasions, 21 go to(s) right this moment
Canadian house costs Canadian house gross sales Canadian actual property affiliation crea house costs house gross sales The Canadian Press commerce warfare
Final modified: February 18, 2025