The Financial Post reports in its Wednesday edition that Canadian home sales were up in May, with the strongest month-over-month increase in an otherwise sluggish year to date. The Post's Shantaé Campbell writes that in its latest housing market report, released Tuesday, the Canadian Real Estate Association (CREA) said the number of home sales recorded in the MLS systems rose by 5.5 per cent from April. "While it was just the first month in 2026 to see any meaningful upward momentum in headline demand, under the surface conditions have been improving for some time," CREA senior economist Shaun Cathcart said. However, actual sales activity remained 5.1 per cent below levels reported from May, 2025. While sales increased nationwide, May's jump was "disproportionately" led by Ontario, according to Mr. Cathcart. "The national sales increase from April to May was broad-based but driven disproportionately by Ontario, suggesting the HST rebate on new builds may have only briefly drawn the attention of buyers away from the existing home market," he said. Home prices continued to stabilize in May. In a note, BMO Capital Markets senior economist Robert Kavcic said May's data could signal an emerging recovery for real estate.