US EditionMay home sales down 4.3 per cent from year ago, but activity up month-over-month
- Home sales in May fell 4.3 percent compared with a year ago, according to the Canadian Real Estate Association.
- There was a month-over-month increase of 3.6 percent in home sales from April, marking the first increase in over six months.
- New listings rose 3.1 percent month-over-month, with 201,880 properties listed by the end of May.
- The average home sale price in May was $691,299, down 1.8 percent from a year ago, as reported by Sammy Hudes of The Canadian Press.
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16 Articles
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Real estate sales fell 4.3% in May compared to the previous year. However, the Canadian Real Estate Association (CAI) announced on Monday a recovery in activity compared to April.
·Montreal, Canada
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Coverage Details
Total News Sources16
Leaning Left10Leaning Right1Center3Last UpdatedBias Distribution71% Left
Bias Distribution
- 71% of the sources lean Left
71% Left
L 71%
C 21%
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