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Ottawa, ON, June 14, 2019 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales climbed further in May 2019. Highlights: National home sales rose 1.9% month-over-month (m-o-m) in May. Actual (not seasonally adjusted) activity was up 6.7% year-over-year (y-o-y). The number of newly listed homes edged back by 1.2% m-o-m…. View More >

Ottawa, ON, May 15, 2019 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales climbed in April 2019. Highlights: National home sales improved by 3.6% month-over-month (m-o-m) in April. Actual (not seasonally adjusted) activity was up 4.2% year-over-year (y-o-y). The number of newly listed homes climbed 2.7% m-o-m. The… View More >

Ottawa, ON, May 14, 2019 ­— Recent reports highlight real estate in Canada can be a haven for money launderers due to its stability and value. The Canadian Real Estate Association (CREA) fully supports governments’ efforts to crack down on money laundering. CREA would like to underscore the British Columbia Real Estate Association’s position, “real estate… View More >

Ottawa, ON, April 15, 2019 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales edged higher in March 2019 after having declined sharply the previous month. Highlights: National home sales edged up 0.9% month-over-month (m-o-m) in March. Actual (not seasonally adjusted) activity was down 4.6% year-over-year (y-o-y). The number of… View More >

Ottawa, ON, March 19, 2019 –  The Canadian Real Estate Association (CREA) welcomes the various measures in Budget 2019 that will help address housing affordability and provide meaningful support for Canadians.  REALTORS® have been advocating on behalf of millennials and others who aspire to homeownership but are struggling to reach their goal amid a challenging environment…. View More >

CREA Updates and Extends Resale Housing Market Forecast Ottawa, ON, March 15, 2019 – 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 2019 and extended its outlook to include 2020. While the outlook for economic… View More >

Ottawa, ON, March 15, 2019 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales dropped sharply from January to February 2019. Highlights: National home sales plummeted 9.1% month-over-month (m-o-m) in February. Actual (not seasonally adjusted) activity was down 4.4% year-over-year (y-o-y). The number of newly listed homes fell 3.2% m-o-m…. View More >

In line with financial market expectations, the Bank of Canada announced on Wednesday, March 6, that it was keeping its trend-setting overnight lending rate at 1.75%. The Bank’s announcement indicated it is in no hurry to raise interest rates against the backdrop of a further slowdown in Canadian economic growth. Indeed, the Bank said it… View More >

Ottawa, ON, February 15, 2019 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales in January 2019 were up from the previous month but remained below levels recorded one year ago. Highlights: National home sales rose 3.6% between December 2018 and January 2019. Actual (not seasonally adjusted) activity was down… View More >

Ottawa, ON, January 15, 2019 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales posted a fourth-straight monthly decline in December 2018. Highlights: National home sales fell 2.5% from November to December. Actual (not seasonally adjusted) activity was down by 19% from one year ago. The number of newly listed… View More >