House prices bounced up 6.5% in June compared to last year, CREA says

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Canada's housing market showed signs of recuperation from COVID-19 last month, with prices and sales numbers well up from where they were a year earlier.

The Canadian Real Estate Association said Wednesday that the average price of a Canadian resale home was $539,000, up 6.5 per cent from the average price a year earlier. And it's up by more than 10 per cent from what it was just one month earlier, in May.

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Original Article Source Credits: CBC , https://www.cbc.ca/

Article Written By : Pete Evans

Original Article Posted on : Jul 15, 2020 

Link to Original Article:  https://www.cbc.ca/news/business/crea-housing-june-1.5650196



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