Canada's housing market up compared to last month but down compared to last year

The Canadian Real Estate Association says while sales were up in June 2024 compared to the month before, they are lower than the same time last year, with a slower market leading to a scaled back forecast for the rest of the year.

Canada's housing market up compared to last month but down compared to last year
Houses are pictured in Vancouver, B.C on Thursday April 4, 2024 with a "Sold" sign in the top right corner.

The Canadian Real Estate Association says while sales were up in June 2024 compared to the month before, they are lower than the same time last year, with a slower market leading to a scaled back forecast for the rest of the year.