Housing sales hit the heights last month.
The Canadian Real Estate Association says home sales in April set a new record for the month as they gained 10.3%, compared with a year ago.
The industry organization says sales in April were up in about 70% of all local markets compared with a year ago, boosted by markets in B.C. and the Toronto region.
Compared with March, sales were up 3.1% in April.
CREA also said that the national average price for homes sold in April was $508,097, up 13.1% compared with a year ago.
Excluding the Greater Vancouver and Greater Toronto markets, the average price was $369,222, up 8.7% from April 2015.
Lastly, CREA said, newly-listed homes were down 0.2%in April compared with March. The national sales-to-new listings ratio rose to 64.5% in April, the ratio's tightest reading since October 2009.
