May home sales up from April and year ago, Canadian Real Estate Association says

CP28776702
For sale signs stand in front of a condominium on September 27, 2011 in Montreal. THE CANADIAN PRESS/Ryan Remiorz

OTTAWA – The Canadian Real Estate Association says home sales for May were up 5.9 per cent from April and 4.8 per cent higher compared with a year ago. The association also said that sales for the year are forecast to reach 463,400 homes, up 1.2 per cent compared with 2013. The updated outlook compared with a forecast for sales totalling 463,700 for the year that was published in March.

News from © The Canadian Press, . All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.

Join the Conversation!

Want to share your thoughts, add context, or connect with others in your community?

Create a free account

The Canadian Press

The Canadian Press is Canada's trusted news source and leader in providing real-time, bilingual multimedia stories across print, broadcast and digital platforms.

Related Articles