Canadian home sales in May fell 5.1% from a year earlier, according to CREA, indicating continued year-over-year weakness in the housing market. The report also noted meaningful month-over-month momentum for the first time this year, which partially offsets the negative annual comparison.
Canadian home sales in May fell 5.1% from a year earlier, according to CREA, indicating continued year-over-year weakness in the housing market. The report also noted meaningful month-over-month momentum for the first time this year, which partially offsets the negative annual comparison.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.15
