Sales gains signal strong spring for much of Canada's housing market

Globe and Mail

Sales gains signal strong spring for much of Canada's housing market

Local real estate boards across the country have begun to release their sales data for the month of April, and it looks like the spring housing market is fairly strong.  The full picture won't be clear until mid-month, when the Canadian Real Estate Association compiles data from real estate boards coast to coast and releases national figures.  But cities like toronto and Regina are reporting sales levels that top the ten-year average for the month of April.  And cities like Edmonton and Vancouver are showing double-digit increases over this time last year (although Vancouver's sales level for the month was 5.2 per cent below its 10-year average).

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