Canadian Real Estate Association (CREA) announced the Canada April Existing Home Sales MoM on 2025-05-15. The reported figure stands at -0.1%, against a forecast of 1%, with the prior figure recorded as -4.80%.
Regarding the Canada April Existing Home Sales MoM, The monthly rate of existing home sales in Canada refers to an indicator that measures the sales situation of completed residential properties in the Canadian real estate market within a specific month. By monitoring this data, it can reveal the level of activity in the real estate market, consumer confidence, and economic conditions. It is significant for assessing economic health, predicting future economic activities, and formulating policies.
This data holds an importance level of , calculated using The month-on-month sales statistics method for newly built homes in Canada typically involves recording and comparing the data of home sales in different months to understand trends and fluctuations in the real estate market, and updates monthly.
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