TORONTO, June 15 (Reuters) - Sales of existing Canadian
homes fell 2.8 percent in May from a record high in April as
inventories fell to all-time lows in key regions while prices
continued to climb, a report from the Canadian Real Estate
Association showed on Wednesday.
The industry group said its Canadian home price index was up
12.5 percent in the month from a year earlier, while actual
sales, not seasonally adjusted, rose 9.6 percent from May 2015.