The National Association of Realtors’ index fell 1.8 per cent to 110.3 in June, but is still 8.2 per cent above June 2014 (101.9).
Despite last month's decline, the index is the third highest reading of 2015 and has now increased year-over-year for 10 consecutive months.
Modest gains in the Northeast and the West were offset by larger declines in the Midwest and South.
Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate
Investment Hot Spots:
Prévost, Saint-Félix-de-Kingsey, Jedburgh, Camper, La Macaza
Pending home sales in the U.S. slipped slightly in June but were not too far off May’s level.