Ottawa, ON, January 17, 2022 – Statistics  released today by the Canadian Real Estate Association (CREA) show national home sales remained historically high in December 2021, as the end-of-month supply of properties for sale hit an all-time low.

Highlights

• National home sales inched up 0.2% on a month-over-month basis in December.
• Actual (not seasonally adjusted) monthly activity came in 9.9% below the record posted in December 2020.
• The number of newly listed properties fell 3.2% from November to December.
• The MLS^® Home Price Index (MLS^® HPI) rose 2.5% month-over-month and was up a record 26.6% year-over-year.
• The actual (not seasonally adjusted) national average sale price posted a 17.7% year-over-year gain in December.

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