CREA released its national April 2023 statistics recently.
Highlights are:
- National home sales surged 11.3% month-over-month in April.
- Actual (not seasonally adjusted) monthly activity came in 19.5% below April 2022.
- The number of newly listed properties edged up 1.6% month-over-month but remain at a 20-year low.
- The MLS® Home Price Index (HPI) climbed 1.6% month-over-month but was down 12.3% year-over-year.
- The actual (not seasonally adjusted) national average sale price posted a 3.9% year-over-year decline in April.
