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Canadian Home Sales Rise While Prices Hold Steady in May

Canadian home sales increased by 3.6% from April to May 2025, representing the first monthly rise in transactions since November 2024.
This rise followed months of delayed recovery caused by earlier tariff uncertainty and ongoing economic concerns affecting buyer confidence.
The increase was driven mainly by activity in Toronto, Calgary, and Ottawa, where some markets saw over 8% monthly resale growth.
The national sales-to-new-listings ratio remained near 47%, inventory stayed at 4.9 months, and the average home price held steady around $691,299.
Experts caution the market may only be forming a bottom with more data needed, while high listings continue to maintain buyer-favorable conditions in the near term.

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The Globe & Mail

Center

Home sales rose in May for the first time since November

Experts say it’s too early to declare a market rebound as uncertainty of the U.S. trade war weighs on buyer enthusiasm

6 days ago·Canada

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Stuff

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National house values steady as market shows signs of ‘tentative confidence’

New Zealand’s residential property market showed further signs of stabilisation in May, according to the latest QV House Price Index.

6 days ago·New Zealand

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Global News

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Home sales up 3.6% in May after ‘delayed’ start to peak season: CREA - National

The Canadian Real Estate Association reports home sales were up 3.6 per cent in May compared to April, signaling the real estate market may be warming up.

6 days ago·Toronto, Canada

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Investing.com

Center

Canadian home sales rise, prices flat in May on a monthly basis

6 days ago

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Financial Post

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MSN

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Canada's home sales rise for the first time in more than six months

Description TKTK

6 days ago·Canada

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Bloomberg

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BizToc

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Canada Home Sales Up for First Time in Six Months on Trade Hopes

Home sales in Canada rose for the first time in six months in May as buyers’ confidence strengthened amid a de-escalation of trade tensions with the US.

6 days ago·United States

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