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Canadian home sales inch lower in December

Ottawa, ON, January 15, 2020 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales eased between November and December 2019. Highlights: National home sales declined by 0.9% on a month-over-month (m-o-m) basis in December. Actual (not seasonally adjusted) activity was up 22.7% year-over-year (y-o-y). The number of newly listed properties dropped by a further 1.8% m-o-m. The MLS® Home Price Index (HPI) advanced by… Read More »Canadian home sales inch lower in December

Canadian home sales edge higher in November

Ottawa, ON, December 16, 2019 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales continued to edge higher in November 2019. Highlights: National home sales rose 0.6% month-over-month (m-o-m) basis in November. Actual (not seasonally adjusted) activity was up 11.3% year-over-year (y-o-y). The number of newly listed properties dropped by 2.7% m-o-m. The MLS® Home Price Index (HPI) advanced by 0.8% m-o-m and 2.6%… Read More »Canadian home sales edge higher in November

CREA Updates Resale Housing Market Forecast

Story in 2018 and early 2019 was weak sales; story in 2020 will be lack of supply Ottawa, ON, December 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 this year and for 2020. Evidence suggests housing activity will continue to improve into 2020, with prices either continuing… Read More »CREA Updates Resale Housing Market Forecast

Canadian home sales hold steady in October

Ottawa, ON, November 15, 2019 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were unchanged from September to October 2019. Highlights: National home sales held steady on a month-over-month (m-o-m) basis in October. Actual (not seasonally adjusted) activity was up 12.9% year-over-year (y-o-y). The number of newly listed properties declined by 1.8% m-o-m. The MLS® Home Price Index (HPI) advanced by 0.6% m-o-m… Read More »Canadian home sales hold steady in October

Canadian home sales rise again in September

Ottawa, ON, October 15, 2019 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up slightly in September 2019. Highlights: National home sales rose 0.6% month-over-month (m-o-m) in September. Actual (not seasonally adjusted) activity was up 15.5% year-over-year (y-o-y). The number of newly listed properties edged back by 0.6% m-o-m. The MLS® Home Price Index (HPI) advanced by 0.5% m-o-m and 1.3% y-o-y.… Read More »Canadian home sales rise again in September

Altus Group Partners with The Canadian Real Estate Association and its Member Real Estate Boards and Associations to Expand the MLS® Home Price Index Nationally

Advanced AVM technology from Altus Group combined with extensive data from real estate boards and associations delivers first national Canadian index making it one of largest and most comprehensive in the world TORONTO (October 2, 2019) — Altus Group Limited (“Altus Group”) (TSX: AIF), a leading provider of software, data solutions and independent advisory services to the global commercial real estate (“CRE”) industry, together with The Canadian Real Estate Association… Read More »Altus Group Partners with The Canadian Real Estate Association and its Member Real Estate Boards and Associations to Expand the MLS® Home Price Index Nationally

Statement from The Canadian Real Estate Association in response to the Conservative Party housing measures announcement

Ottawa, ON, September 23, 2019 — With Election 2019 underway, CREA welcomes today’s announcement that a Conservative government would introduce new measures to make it easier for first-time homebuyers to buy a home. “REALTORS® have long asked for common-sense solutions designed to help Canadians to purchase a home of their own,” said Jason Stephen, President of The Canadian Real Estate Association. “The measures announced today by the Conservative party include… Read More »Statement from The Canadian Real Estate Association in response to the Conservative Party housing measures announcement

Canadian home sales edge higher in August

Ottawa, ON, September 16, 2019 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up in August 2019. Highlights: National home sales rose 1.4% month-over-month (m-o-m) in August. Actual (not seasonally adjusted) activity was up 5% year-over-year (y-o-y). The number of newly listed homes climbed 1.1% m-o-m. The MLS® Home Price Index (HPI) advanced by 0.8% m-o-m and 0.9% y-o-y. The actual (not… Read More »Canadian home sales edge higher in August

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 activity remain strong outside of the Prairies and Newfoundland and Labrador. Population and employment growth… Read More »Quarterly Forecast

Statement from The Canadian Real Estate Association in response to the Liberal Party FTHBI announcement

Ottawa, ON, September 12, 2019 ⁠— With Election 2019 barely underway, CREA welcomes today’s announcement that a Liberal government would extend the eligibility requirements for the First Time Home Buyers’ Incentive (FTHBI) so that Canadians in higher priced markets can take advantage of the program. “REALTORS® welcomed the FTHBI when it was announced in the spring because it represents tangible support for millennials, new Canadians and other first-time buyers hoping to… Read More »Statement from The Canadian Real Estate Association in response to the Liberal Party FTHBI announcement