via Teranet
  • Prices up 5.65% y/y
  • Prices still 3.71% below the May 2022 peak
  • Prices up 0.01% m/m seasonally adjusted
  • Prices +1.9% m/m non-seasonally adjusted

There was a burst of activity in April in the Canadian housing market but it seems to have cooled right down and there are still signs of strain in new builds and condos.