for October 2009
Seasonally adjusted national home sales activity climbed 11.2 per cent in
April 2009 compared to the previous month. This is the largest
month-to-month increase in activity in more than five years. MLS(r) home
sales activity reached its highest level in seven months, with 34,838 units
trading hands nationally via the MLS(r) in April on a seasonally adjusted
The increase in April builds on gains of 10.3 per cent in February and 7.7
per cent in March. Seasonally adjusted activity now stands 32 per cent above
the lowest level in a decade that was recorded in January 2009.
Seasonally adjusted sales were up from March levels in 70 per cent of local
markets, with gains in Toronto (10 per cent), Vancouver (30 per cent),
Montreal (15 per cent), and Calgary (31 per cent) contributing most to the
overall increase in monthly activity.
Actual (not seasonally adjusted) MLS(r) home sales totaled 43,473 units in
April 2009, down 11.8 per cent from the same month one year ago.
Year-over-year declines have been shrinking since dropping a record 42.2 per
cent in November 2008.
I hope this finds you Happy and Healthy!
All the Best!
A. Mark Argentino
P. Eng. Broker
Specializing in Residential & Investment Real Estate