Episode 75: What’s Impacting Canadian Housing Markets with CREA’s Senior Economist Shaun Cathcart

Posted by & filed under CREA News.

The housing market is always changing, but today’s frequent shifts are by forces beyond real estate. Oil prices, inflation and broader economic uncertainty are impacting Canadian housing markets and buyer sentiment in real time, with real-world effects for buyers, sellers and communities across the country. In response to these everchanging conditions, CREA adjusted its 2026-2027 forecast earlier this year.

On this episode of REAL TIME, CREA’s Senior Economist Shaun Cathcart joins host Shaun Majumder to discuss what’s been happening in Canadian housing markets over the last year, what we’re seeing right now, and what could be coming down the pike.

2019/2020 Voting Structure Task Force

Posted by & filed under CREA News, Uncategorized.

Over the past few years there have been several changes amongst the Canadian Real Estate Association’s (CREA) board and provincial association membership. While these are welcomed developments, they have a direct impact on CREA in terms of the votes member boards and provincial associations are allocated at CREA assemblies. As a result, questions have been… View More >

Canadian home sales edge higher in March 2019

Posted by & filed under CREA News.

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 >

Canadian home sales activity strengthens in July

Posted by & filed under CREA News.

Ottawa, ON, August 15, 2018 – Statistics released today by The Canadian Real Estate Association (CREA) show national home sales were up from June to July 2018. Highlights: National home sales rose 1.9% from June to July. Actual (not seasonally adjusted) activity was down 1.3% from July 2017. The number of newly listed homes edged… View More >

Data Related to Nearby Schools Added to Listings on REALTOR.ca

Posted by & filed under CREA News.

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 >

Canadian home sales drop in January

Posted by & filed under CREA News.

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

Posted by & filed under CREA News.

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 post solid gain in November

Posted by & filed under CREA News.

Ottawa, ON, December 14, 2017 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales rose strongly in November 2017. Highlights: National home sales rose 3.9% from October to November. Actual (not seasonally adjusted) activity was up 2.6% from November 2016. The number of newly listed homes climbed 3.5%… View More >

Canadian home sales fall further in July

Posted by & filed under CREA News.

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 >