Canadian Housing Continues to Moderate in May.

Author: External Author | | Categories: Commercial Mortgage

 Blog by Cody Rowe - Mortgage Broker

Today the Canadian Real Estate Association (CREA) released statistics showing national existing home sales fell 7.4% nationally from April to May 2021, building on the 11% decline in April. Over the same period, the number of newly listed properties fell 6.4%, and the MLS Home Price Index rose 1.0%, a marked deceleration from previous months.

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Original Article Source Credits:    Dominion Lending Centres , https://dominionlending.ca/

Article Written By:  Sherry Cooper

Original Article Posted on:  June 15, 2021

Link to Original Article:  https://dominionlending.ca/economic-insights/canadian-housing-continues-to-moderate-in-may



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