Sales decline 9.5 per cent from April.
Canada's housing marking pulled back from near-record activity during May, the Canadian Real Estate Association said Wednesday.
Seasonally adjusted monthly sales through the Multiple Listing Service came down 9.5 per cent from the frantic April pace, the realtors' group reported. More than 70 per cent of local markets showed declines, but the national drop was essentially due to decreases in Toronto, Vancouver and Ottawa.
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