Canada existing sales for May -0.1% vs -1.7% expected

Last month -2.9%. CAD slumps on

The Canada existing home sales for the month of May fell -0.1% versus -1.7% expected.

• existing home sales fall -0.1% versus -1.7% expected to climb
• home sales fall -16.2% in May from a year earlier
• benchmark home prices up 0.6% in May versus April
• home prices up 1% in May from a year earlier
• average sale price fell 6.4% in May from a year earlier
• Toronto home sales rise 1.6% in May from April