June home sales down 24 per cent from last year, 6 per cent since May: CREA

On a seasonally adjusted basis, sales were down almost six per cent from May.

June home sales down 24 per cent from last year, 6 per cent since May: CREA

The national real estate market's cooling continued with home sales falling again in June, but the Canadian Real Estate Association said the decreases are smaller than those seen in previous months.

Source

CMHC reports annual pace of housing starts in Canada increased in June

The federal housing agency says the seasonally adjusted annual rate of housing starts came in at 211,681 units in June, up from 195,453 in May.

CMHC reports annual pace of housing starts in Canada increased in June

The result came as urban starts of apartments, condos and other types of multiple-unit housing projects rose 13.0 per cent to 154,602 units in June, while urban starts of single-detached homes fell 4.5 per cent to 42,073.

Source