| LBM Daily is your new, up-to-date source for wood products industry information and analysis. |
Every day you get:
- Relevant news from over 1500 news sources across North America
- Coverage of all major news reported by online industry publishers
- Proprietary news and analysis from leading industry analysts and publishers
- Macroeconomic news, housing data and industry trend data
| |
| Canada's Home Resale Market Gets a Bump in May |
| |
|
Canada's resale housing market improved again in the month of May, on a thirteen-month roll. Home resale prices posted their largest gain in May, 1.3 percent according to the Teranet-National Bank Composite House Price Index, since the gains witnessed last September. Nonetheless, cautious optimism seems to be the prevailing sentiment:
"It is too early to conclude that the relatively vigorous prices rises of April and May mark the beginning of a trend," concluded the Teranet report. |
|
