The rise is the largest gain since May 2014
The YoY rise is 9.5%.
- Vancouver showed a 4.5% increase for the month and that is up 53.2% (!) YoY
- Toronta sales increased 1.0% and 10.6% YoY
- The average sales price came in at $431.276 up from $426,971 (1% gain).
- The YoY increase is a healthy 9.4%.
- Vancouver average price $870,207, +3.1%. For the year prices are up 11.2%
All the reason why the Bank of Canada should keep rates unchanged.