Ontario real estate market

National home sales edged back 1.6% on a month-over-month (m-o-m) basis in November. Actual (not seasonally adjusted) activity was up 32.1% year-over-year (y-o-y). The number of newly listed properties also fell back by 1.6% from October to November. The MLS® Home Price Index (HPI) rose 1.2% m-o-m and was up 11.6% y-o-y. The actual (not…