Chaimae Chouiekh

1 week ago | news.bloombergtax.com | Chaimae Chouiekh |Ari Altstedter

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1 week ago | bloomberg.com | Chaimae Chouiekh |Ari Altstedter

Downtown Toronto. (Bloomberg) -- Home sales in Canada rose for the first time in six months in May as buyers’ confidence strengthened amid a de-escalation of trade tensions with the US. Sales were up 3.6% in May compared to the prior month, the first gain since November, according to seasonally adjusted data released Monday by the Canadian Real Estate Association. That gain was slightly ahead of the 3.1% increase in new listings.