May home sales up from April and year ago, Canadian Real Estate Association says | iNFOnews | Thompson-Okanagan's News Source

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

For sale signs stand in front of a condominium on September 27, 2011 in Montreal. THE CANADIAN PRESS/Ryan Remiorz
June 16, 2014 - 6:07 AM

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, 2014
The Canadian Press

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