{"id":482506,"date":"2026-06-17T21:44:08","date_gmt":"2026-06-17T21:44:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/482506\/"},"modified":"2026-06-17T21:44:08","modified_gmt":"2026-06-17T21:44:08","slug":"canada-home-resales-post-strongest-monthly-gain-in-18-months","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/482506\/","title":{"rendered":"Canada home resales post strongest monthly gain in 18 months"},"content":{"rendered":"<p>Canada&#8217;s housing market posted its biggest monthly gain in a year and a half in May 2026, with home resales climbing 5.5% month-over-month on a seasonally adjusted basis. That&#8217;s\u00a0the second consecutive uptick and a sign that the extended lull may be easing, according to an analysis by Rachel Battaglia, Economist at <a href=\"https:\/\/www.mpamag.com\/ca\/companies\/royal-bank\/291683\" rel=\"nofollow noopener\" target=\"_blank\">Royal Bank<\/a> of Canada (RBC).<\/p>\n<p>The improvement has brought national resale activity nearly in line with year-ago levels, though Battaglia noted that volumes remain below pre-pandemic averages in most major markets across the country.<\/p>\n<p>Ontario leads resales boost<\/p>\n<p>Ontario was the clear standout, with resales rising 8.8% seasonally adjusted from April. Greater Toronto Area markets delivered the strongest results, with Toronto, Mississauga, and York Region all posting double-digit gains.<\/p>\n","protected":false},"excerpt":{"rendered":"Canada&#8217;s housing market posted its biggest monthly gain in a year and a half in May 2026, with&hellip;\n","protected":false},"author":2,"featured_media":482507,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,180026,242362,219,111,139,69,242361],"class_list":["post-482506","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-canadas-housing-market","tag-canadas-condo-market","tag-economy","tag-new-zealand","tag-newzealand","tag-nz","tag-royal-bank-of-canada-rbc"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/482506","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=482506"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/482506\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/482507"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=482506"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=482506"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=482506"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}