OTTAWA — The Canadian Real Estate Association says the number of home sales in April rose 10.1 per cent compared with a year ago, but attributed the gain primarily to the early Easter long weekend.
The increase came as the average price of a home sold last month amounted to $703,446, down 1.8 per cent from April 2023.
On a month-over-month basis, CREA says home sales in April were down 1.7 per cent from March, despite the number of properties available for sale rising 2.8 per cent to kick off the spring market.
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