Canadian home sales jumped by 11.3% in April as the real estate market picked up again, but supply remained at a 20 year-low

Highlights:

National home sales surged 11.3% month-over-month in April.
Actual (not seasonally adjusted) monthly activity came in 19.5% below April 2022.
The number of newly listed properties edged up 1.6% month-over-month but remain at a 20-year low.
The MLS Home Price Index (HPI) climbed 1.6% month-over-month but was down 12.3% year-over-year.
The actual (not seasonally adjusted) national average sale price posted a 3.9% year-over-year decline in April.

Elsewhere » CBC » Average Canadian house price rose to $716,000 in April — up by $100K since January