Urban starts increased by 2% during the month
BMO finds enthusiasm for the plan — but will homebuyers qualify?
Report shows homes in Vancouver, Calgary and Edmonton lost value over the past year
Sales up 12.6% year-over-year
Calgary is at its most affordable level on record
But starts still beat economists' expectations
Overall average selling price in the GTA was up 3.2% year-over-year
Portfolio manager at Richardson GMP advises prospective buyers to wait
But home prices rose at a slower pace in May
Home prices have increased faster than income for 7 years