May home sales down 5.1 per cent from year earlier, but CREA says momentum building

The Canadian Real Estate Association says home sales in May were down compared with a year ago, but there was “meaningful upward momentum” month-over-month for the first time this year. The organization says home sales in May totalled 47,014, down 5.1 per cent from May 2025. However, activity was up 5.5 per cent on a [...] The post May home sales down 5.1 per cent from year earlier, but CREA says momentum building appeared first on CityNews Montreal .