Canadian home sales improve slightly in March

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Ottawa, ON, April 13, 2018 – Statistics released today by The Canadian Real Estate Association (CREA) show national home sales edged higher from February to March 2018. Highlights: National home sales inched up 1.3% from February to March. Actual (not seasonally adjusted) activity was down 22.7% from last year’s all-time March record. The number of… View More >

Canadian home sales fall further in February

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Ottawa, ON, March 15, 2018 – Statistics released today by The Canadian Real Estate Association (CREA) show national home sales declined further in February 2018. Highlights: National home sales declined by 6.5% from January to February. Actual (not seasonally adjusted) activity was down 16.9% year-over-year (y-o-y) in February. The number of newly listed homes recovered… View More >

Canadian home sales drop in January

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Ottawa, ON, February 15, 2018 – Statistics released today by The Canadian Real Estate Association (CREA) show national home sales fell sharply in January 2018. Highlights: National home sales declined by 14.5% from December 2017 to January 2018. Actual (not seasonally adjusted) activity was down 2.4% year-over-year (y-o-y) in January. The number of newly listed… View More >

Canadian home sales surge in December

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Ottawa, ON, January 15, 2018 – Statistics released today by The Canadian Real Estate Association (CREA), show national home sales continued to climb in December 2017. Highlights: National home sales rose 4.5% from November to December. Actual (not seasonally adjusted) activity was up 4.1% year-over-year (y-o-y). The number of newly listed homes climbed 3.3% from… View More >

Canadian home sales edge up again in October

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Ottawa, ON, November 15, 2017 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales posted a modest monthly increase in October but remain below levels recorded one year ago. Highlights: National home sales rose 0.9% from September to October. Actual (not seasonally adjusted) activity stood 4.3% below last… View More >

Canadian home sales edge up again in September

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Ottawa, ON, October 13, 2017 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales in September rose modestly from the previous month but remained down from levels recorded one year ago. Highlights: National home sales rose 2.1% from August to September. Actual (not seasonally adjusted) activity stood 11%… View More >

Canadian home sales edge up in August

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Ottawa, ON, September 15, 2017 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales posted a small gain in August 2017. Highlights: National home sales rose 1.3% from July to August. Actual (not seasonally adjusted) activity stood 9.9% below last August’s level. The number of newly listed homes… View More >

CREA Lowers National Resale Housing Market Forecast

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Ottawa, ON, September 15, 2017 – The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards and Associations in 2017 and 2018. Housing market trends continue to diverge considerably among regions along four general themes: British Columbia; the Greater… View More >

Bank of Canada raises rates again, now at 1%

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The Bank of Canada announced on September 6, 2017, it was further raising its trend-setting overnight lending rate from 0.75% to 1%. The rate rose by 0.25% in July, meaning the latest September increase fully unwinds the half-percentage point by which the Bank dropped interest rates in early 2015 after oil prices suddenly dropped in… View More >

Canadian home sales fall further in July

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Ottawa, ON, August 15, 2017 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales declined further in July 2017. Highlights: National home sales fell 2.1% from June to July. Actual (not seasonally adjusted) activity in July stood 11.9% below last July’s level. The number of newly listed homes… View More >