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 [...]
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 [...]
Are you interested in investing in Grande Prairie realty? Moving to a new place can be a bit scary but it doesn’t have to be. Here is some information about the Grande Prairie and the surrounding area you may find useful before the move. The city of Grande Prairie is the seventh largest city in [...]
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 [...]
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. [...]
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. [...]
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 [...]
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 [...]
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 [...]
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 [...]
