By The Canadian Press, June 15, 2016
OTTAWA — The Canadian Real Estate Association says home sales in Canada dropped 2.8 per cent month-over-month in May.
The number of sales through the association’s MLS system was down in about 70 per cent of all markets, led by B.C. and Ontario where the number of homes listed for sale fell.
The number of newly listed homes fell by 3.2 per cent in May compared with April.