However, sales activity remains below the longer-term norm
Monthly sales are 23% below the 10-year May sales average
In a letter to parliamentarians, Evan Siddall said the mortgage policy is working
Commission will deliver an interim report within 18 months
Demand for condos, some of it hidden, could keep prices on an upward path
Prices increases could accelerate due to supply challenges
More than 10% are looking for a gift of $100,000 or more
Sales of existing homes were down 4.9%
An analysis critiques recent housing market measures
From 1999 to 2016, the average wealth of immigrant families rose from $625,000 to $1.06 million