December home sales down 0.6 per cent from November: CREA

OTTAWA -- The Canadian Real Estate Association says sales through its MLS system in December were down 0.6 per cent from November.

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The association says sales were down from the previous month in slightly more than half of all local markets.

Sales were down in Calgary, Edmonton, York Region and Hamilton- Burlington.

Compared with December 2014, sales for the final month of 2015 were up 10 per cent.

The national average price for a home sold in December was $454,342, up 12.0 per cent from a year ago, boosted by gains in the Vancouver and Toronto regions.

Excluding Greater Vancouver and Greater Toronto, the average price was $336,994, up 5.4 per cent from a year ago.


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