Home sales for May were up compared with April and a year ago, according to the Canadian Real Estate Association.
The association says home sales though its Multiple Listing Service system were 5.9% higher compared with April and 4.8% higher compared with a year ago.
The national average price for a home sold in May was $416,584, up 7.1% from the same month last year, pushed higher by gains in Toronto and Vancouver.
CREA also trimmed its outlook for the year compared with a forecast in March.
The association is predicting sales would total 463,400 homes for the year, up 1.2% compared with 2013.
The updated outlook compared with the March forecast for 463,700.