Ottawa, ON May 15, 2025 – The number of sales recorded over Canadian MLS® Systems was unchanged (-0.1%) between March and April 2025, marking a pause in the trend of declining activity since the beginning of the year.

April Highlights:
• National home sales were unchanged (-0.1%) month-over-month.
• Actual (not seasonally adjusted) monthly activity came in 9.8% below April 2024.
• The number of newly listed properties fell 1% on a month-over-month basis.
• The MLS® Home Price Index (HPI) declined 1.2% month-over-month and was down 3.6% on a year-over-year basis.
• The actual (not seasonally adjusted) national average sale price was down 3.9% on a year-over-year basis