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 remains stagnant," BMO Capital Markets senior economist Robert Kavcic said in a note, basing his opinion on "subdued sales activity, solid new listings flow and falling prices." Mr. Kavcic said the improvement in sales was because sellers backed down on seeking prices reminiscent of the hot housing days of 2022. He thinks there are three things holding back the housing market from fully rebounding, including uncertainty from the trade war, mortgage rates of approximately 4 per cent "are not low enough to improve the affordability calculus in a demand-sparking way," and the "market psychology appears bearish," meaning buyers, who are expecting prices to fall, are holding off on purchasing.