Canadian housing market bounces back in May in first step to long recovery: RBC Economics

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Mortgage Renewal in Cambridge, ON

RBC Economics has noted increases in home resales in Canada of up to almost 70 percent in May. In a report, economist Robert Hogue noted that last month’s numbers signal the start of a slow market revival.

“May’s rebound is the first step on a long road to recovery,” Hogue wrote Wednesday (June 3).

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Original Article Source Credits: Straight ,

Article Written By :  Carlito Pablo

Original Article Posted on : June 4th, 2020 

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