Steve Flynn  RE/MAX Crest Realty- Burnaby 

Cell: 604.785.3977 |


Canadian Retail Sales (Dec) - Feb 22, 2020

Seasonally-adjusted Canadian retail sales were unchanged in December at $51.6 billion, after rising 1.1% in November. Higher sales at building material and garden equipment stores, and at food and beverage stores more than offset lower sales at auto dealers and gas stations. Sales were up in 7 of 11 sub-sectors, representing 49% of retail sales. 

Regionally, 8 of 10 provinces reported monthly increases in December. Notable increases were reported in Saskatchewan (2%) and Alberta (1%). In contrast, retail sales were down in Quebec (-1.4%).

In B.C., seasonally-adjusted retail sales rose by 0.1% to $7.3 billion in December. Increased sales were reported in the majority of sub-sectors with the exception of building material and garden equipment stores, as well as at auto dealers and gas stations. Meanwhile, Vancouver reported a monthly decrease of 1.1% in sales. Compared to the same time last year, B.C. retail sales were up by 1.5% in December.

Copyright British Columbia Real Estate Association. Reprinted with permission.


No comments

Post Your Comment:

Your email will not be published
Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.