Canadian Home Sales Rebound 57% from April, But Still Down Sharply vs. 2019
Canadian Home Sales Rebound 57% from April, But Still Down Sharply vs. 2019 After the steepest decline on record in April, Canadian home sales posted a 56.9% rebound in May, while the number of new listings surged 69%. While the resurgence in activity suggests April was likely a bottom for the COVID-19-induced housing decline, there’s…