The Financial Post reports in its Thursday edition that Canada's housing market perked up again in June, with sales rising from May after declining at the end of last year through to April. The Post's Gigi Suhanic writes that national home sales rose 2.8 per cent in June from May, according to the Canadian Real Estate Association (CREA) on Tuesday, after rising 3.6 per cent in May from April. CREA said sales have "rebounded" 17.3 per cent since April. Prices, however, were essentially flat in June from May. Canada's housing market has "reversed" the gains in sales and prices made after the Bank of Canada started cutting interest rates in June, 2024, said National Bank economist Daren King in a note. Sales increased in six of the 10 provinces in June, with activity up 7 per cent in Prince Edward Island, 5.8 per cent in British Columbia, 5.3 per cent in Ontario, 3.5 per cent in Nova Scotia, 2.7 per cent in Saskatchewan and 2.3 per cent in Quebec. Sales fell 6.4 per cent in New Brunswick, 4.5 per cent in Newfoundland, 2.1 per cent in Manitoba and 1.7 per cent in Alberta. Mr. King said it looks like a cooling in trade tensions, which appears to have since evaporated, opened the door for some buyers to purchase a home.