Canadian home sales rose 3.8% in July as prices remained steady
Home sales rose for the fourth straight month, driven by a 35.5% rebound in the Greater Toronto Area since March, with the national average price steady at $672,784, CREA said.
- The Canadian Real Estate Association reported last month that national home sales rose 3.8% in July, marking a fourth consecutive monthly increase.
- The Canadian Real Estate Association noted falling inventory and steady prices set the stage, with transactions up 11.2% since March and the national average home price remaining unchanged.
- Data reveal the Canadian Real Estate Association's home sales increased by 3.8% last month, with the figures showing regional growth.
- Data show the national sales-to-new listings ratio rose to 52%, as properties listed for sale reached 202,500, up 10.1%.
- On Monday, September 15, 2025, the next CREA statistics package will be released, and Shaun Cathcart said it's 'finally arrived' as the association monitors buyer reactions in early September.
Insights by Ground AI
Does this summary seem wrong?
29 Articles
29 Articles
The Canadian Real Estate Association (CAI) reports that residential sales increased by 6.6 per cent in July compared to the previous year, continuing an upward trend after the market slowdown in previous months.
·Montreal, Canada
Read Full Article
+17 Reposted by 17 other sources
National home sales rise as long-awaited boost 'seems to have finally arrived': CREA
Breaking News, Sports, Manitoba, Canada
·Winnipeg, Canada
Read Full ArticleCoverage Details
Total News Sources29
Leaning Left17Leaning Right2Center4Last UpdatedBias Distribution74% Left
Bias Distribution
- 74% of the sources lean Left
74% Left
L 74%
C 17%
Factuality
To view factuality data please Upgrade to Premium