Ottawa, ON August 1st, 2018 – Canadian parents have always asked their REALTORS® about nearby schools when considering a new home and starting today they’ll be able to access school catchment information when looking at property listings on REALTOR.ca, Canada’s #1 real-estate website. New school catchment information on REALTOR.ca will rollout nationally in phases, with… View More >
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Canadian home sales activity improves in June
Ottawa, ON, July 16, 2018 – Statistics released today by The Canadian Real Estate Association (CREA) show national home sales were up from May to June 2018. Highlights: National home sales rose 4.1% from May to June. Actual (not seasonally adjusted) activity was down 10.7% from June 2017. The number of newly listed homes eased… View More >
Canadian home sales at five-year low in May
Ottawa, ON, June 15, 2018 – Statistics released today by The Canadian Real Estate Association (CREA) show national home sales were little changed from April to May 2018. Highlights: National home sales edged down 0.1% from April to May. Actual (not seasonally adjusted) activity was down 16.2% from May 2017. The number of newly listed… View More >
CREA partners with Local Logic to deliver an enhanced search experience for Canadian home buyers
Neighbourhood Data for 300,000+ Property Listings Reduces Buyer Uncertainty Montreal, Quebec — June 8, 2018 – Today, Local Logic announces a new partnership with The Canadian Real Estate Association (CREA), through which it will provide property-specific, neighbourhood data for REALTOR.ca, Canada’s largest real-estate website. “We are very excited to be collaborating with one of… View More >
Bank of Canada keeps rates on hold in May – next hike likely coming in July
In line with financial market expectations, the Bank of Canada announced on May 30, 2018 it was keeping its trend-setting overnight lending rate unchanged at 1.25%. The economy continues to unfold largely as expected. Inflation is close to the 2% target, a little higher than the Bank had projected back in April. That said, the… View More >
Canadian home sales fall in April
Ottawa, ON, May 15, 2018 – Statistics released today by The Canadian Real Estate Association (CREA) show national home sales fell from March to April 2018. Highlights: National home sales fell 2.9% from March to April. Actual (not seasonally adjusted) activity was down 13.9% from April 2017. The number of newly listed homes declined 4.8%… View More >
The Canadian Real Estate Association calls for regulations on home cultivation of cannabis
Ottawa, ON, April 30, 2018 – The Canadian Real Estate Association (CREA) is proposing an amendment to Bill C-45 that would result in a moratorium on home cultivation of cannabis until the governments can enact rules and regulations for the entire country. While speaking in front of Senate Standing Committee on Social Affairs, Science and… View More >
Canadian home sales improve slightly in March
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
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 >
Four reasons the Bank of Canada moved to the sidelines in March
In line with financial market expectations, the Bank of Canada announced on March 7, 2018 it was keeping its trend-setting overnight lending rate unchanged at 1.25%. Here are the four main reasons why the Bank held interest rates steady: Fourth quarter Canadian economic growth came in weaker than expected. That means inflationary pressures are lower… View More >
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