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 >
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Quarterly Forecast
CREA Updates Resale Housing Market Forecast Ottawa, ON, September 16, 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 – for the rest of 2019 and looking ahead to 2020. Economic fundamentals underpinning housing… View More >
Canadian home sales rise in July
Ottawa, ON, August 15, 2019 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up in July 2019 compared to June. Highlights: National home sales rose 3.5% month-over-month (m-o-m) in July. Actual (not seasonally adjusted) activity was up 12.6% year-over-year (y-o-y). The number of newly listed homes edged… 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 >
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 >
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 >
Canadian home sales activity edges lower in September
Ottawa, ON, October 15, 2018 – Statistics released today by The Canadian Real Estate Association (CREA) show national home sales edged down slightly between August and September 2018. Highlights: National home sales edged back 0.4% from August to September. Actual (not seasonally adjusted) activity was down by 8.9% from one year ago. The number of… View More >
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 >
Bank of Canada holds rates steady at 1%
On October 25, 2017, the Bank of Canada announced it was keeping its trend-setting overnight lending rate on hold at 1%. The rate rose by 0.25% in July and again in September. Since then, the Bank has cautioned that future interest rate increases depend on whether economic data suggest that inflation is starting to percolate…. View More >
Canadian home sales edge up in August
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 >
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