A few numbers about Housing Market for May 2020. Home sales are down 39.8% across Canada with 33,051 units sold in May 2020 compared to 54,874 in May 2019.
New listings are down 38.1% across Canada, with 59,977 new listings added in May 2020 compared to 96,830 in May 2019.
The average price of homes sold across Canada in May 2020 was $494,476, down 2.6% from $507,440 in May 2019.
