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 >
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Quarterly Forecasts
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 >
Canadian home sales drop sharply in February 2019
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 >
Bank of Canada keeps interest rates on hold and loses swagger in March
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 >
Canadian home sales improve in January 2019
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 >
Canadian home sales fall further in December
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 >
Canadian home sales activity softens further in November
Ottawa, ON, December 17, 2018 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales posted another monthly decline in November 2018. Highlights: National home sales fell 2.3% from October to November. Actual (not seasonally adjusted) activity was down by 12.6% from one year ago. The number of newly listed… View More >
Lone Wolf and CREA Announce Major Transaction Management Deal
Deal provides Lone Wolf’s transaction management tools to Canadian Real Estate Association (CREA) as new CREA WEBForms® Ottawa, ON, November 16, 2018 The Canadian Real Estate Association (CREA) announced today a partnership with Lone Wolf Technologies (Lone Wolf) that will provide CREA members with a new version of CREA WEBForms® that makes it easier to… View More >
Canadian home sales activity eases in October
Ottawa, ON, November 15, 2018 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales declined between September and October 2018. Highlights: National home sales fell 1.6% from September to October. Actual (not seasonally adjusted) activity was down by 3.7% from one year ago. The number of newly listed homes… View More >
CREA unveils redesigned REALTOR.ca website
Ottawa, ON October 18th, 2018 – The Canadian Real Estate Association (CREA) recently launched an improved REALTOR.ca website design that features a simpler and more powerful search function, enhanced homebuyer calculators and access to highly anticipated school catchment areas.There are a host of smaller but impactful enhancements to the site navigation, REALTOR® profiles and listing… View More >
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