Home sales continued to rebound in June after pandemic freeze earlier this year

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Home sales across Canada continued to rebound in June after pandemic freeze earlier this year

The association says sales in June were up 63 per cent on a month-over-month basis, while the number of newly listed properties climbed 49.5 per cent from May to June.Newsletter sign-up: Get The COVID-19 Brief sent to your inbox

The real estate industry came to a near standstill earlier this year as non-essential businesses closed to help slow the spread of the COVID-19 pandemic. CREA says the jump in sales returned them to "normal levels" for June, noting they were up 150 per cent from where they were in April. The actual national average price for homes sold in June was almost $539,000, up 6.5 per cent from the same month last year.National �� sales, new listings and the average Canadian home price were all back at pre-COVID-19 levels in June 2020. More details ��

 

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People are getting the heck out of town and I don't blame them whatsoever

Noooooo I want the market to crash so I can actually afford a house!

Who is buying these homes? Demographics please.

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