November home sales down almost 11% annually as market hits 'holding pattern': CREA
- National home sales in Canada fell 10.7% in November compared to the previous year, according to the Canadian Real Estate Association .
- The average home sale price in November was $682,219, a decrease of 2% from a year earlier, as reported by CREA.
- CREA noted that some sellers are making price concessions, hinting at a possible demand increase in 2026.
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20 Articles
Property sales fell by 10.7 per cent in the country in November compared to the same month last year, according to the Canadian Real Estate Association.
November home sales down almost 11% annually as market hits ‘holding pattern’: CREA
National home sales fell 10.7 per cent in November compared with the same month last year as the Canadian Real Estate Association says activity has veered into a holding pattern heading into 2026.
Canadian Home Sales Holding Steady Heading into 2026
OTTAWA, Ontario, Dec. 15, 2025 (GLOBE NEWSWIRE) -- The number of home sales recorded over Canadian MLS® Systems declined 0.6% on a month-over-month basis in November 2025, still well above April levels but mostly unchanged since July.
The ACI reports that 33,895 properties changed hands across the country in November. The post Residential sales decreased by 11% over a year in November, according to the ACI appeared first on Les Affaires.
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