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Canadian home sales rise again in May 2019


Ottawa, On, June 14, 2019- Statistics released today by The Canadian Real Estate Association ( CREA) show national home sales climbed further in May 2019.


HIGHLIGHTS:


- National home sales rose 1.9% month-over-month (m-o-m) in May.
 
-Actual (not seasonally adjusted) activity was up 6.7% year-over-year(y-o-y).
 
-The number of newly listed homes edged back by 1.2% m-o-m.
 
-The MLS Home Price Index(HPI)fell 0.2% m-o-m in May, the fifth straight decline.
 
-The actual (not seasonally adjusted) MLS HPI stood 0.6% below May 2018.
 
-The actual (not seasonally adjusted) national average sale price was up 1.8% y-o-y.
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