Canadian home sales rose 5.5% in May from April, marking the strongest monthly increase in 2026 but remaining 5.1% below May 2025 levels. Ontario led the sales growth, while home prices stabilized with a slight 0.1% monthly decline to $657,000. New listings fell 1%, tightening market conditions and improving balance between buyers and sellers. Condo prices, especially in Ontario, continued to decline significantly.
Continue to full article
