Canadian Housing Continues to Moderate in May.
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.
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
