Canadian real estate sales printed yet another record during the pandemic. Canadian Real Estate Association (CREA) data shows home sales in January 2021 hit a record. The new high for January sales came with a little slow down for growth. However, things have been so heated, even a double digit drop in growth is one […]
Canadian Home Sales Fall Over 39%, With Toronto Leading The Market Lower
Canadian real estate sales aren’t falling as much as the month before, but remain substantially lower. Canadian Real Estate Association (CREA) data shows home sales fell in every major market in May. The decline in sales was smaller than the month before, but still remains at one of the lowest volumes in decades. Even CREA […]
CREA: Canadian Real Estate Prices Reach A New All-Time High, But Growth Slows
Canadian real estate sales are back to booming, and they’re pushing prices higher. Canadian Real Estate Association (CREA) data shows the price of a home in Canada hit a new high in October. Price growth was much stronger in Ontario and Quebec, with Western Canada still dragging. Canadian Real Estate Prices The industry’s aggregate price […]
Canadian Real Estate Sales Rise 5%, Falling From Peak 2019 Growth
Canadian real estate sales were busier than last year, but fell from peak 2019 growth. Canadian Real Estate Association (CREA) numbers show a large climb in sales for August. Falling mortgage rates, and anticipation of policy drive market growth were behind some of the country’s largest rises. Canadian Real Estate Sales Rise Over 5% Canadian […]
Vancouver Real Estate Falls To Bottom of The List For Demand, Ottawa Tops
Canada’s fast moving real estate market is still seeing demand shift to the East Coast. Canadian Real Estate Association (CREA) data shows the sales to new listings ratio improved in July. On the national level, there was only a small increase. However, that’s because large gains in the East, are being weighed down by large […]
Canadian Real Estate Sales Soar, With Only Two Markets Showing Declines
World’s largest bubble? Canadians aren’t buying it, but they are rushing to buy homes again. Canadian Real Estate Association (CREA) numbers show a massive jump in sales for July. The increase makes it the most July sales in years, with only 2 major markets showing declines. Canadian Real Estate Sales Rise Over 12% From Last […]
Vancouver Real Estate Demand Plummets, While Ottawa Rips Higher
Canadian real estate demand slid last month, but a few markets bucked the trend. Canadian Real Estate Association (CREA) numbers show the sales to new listings ratio (SNLR) fell in May. The decline was most prominent in British Columbia real estate markets, which led the index lower. Markets east of Toronto are starting to warm […]
Vancouver Real Estate Is No Longer The Country’s Most Expensive Market
Canadian real estate prices are moving higher seasonally, but the annual change is diving further down. Canadian Real Estate Association (CREA) numbers show prices made an annual decline in May. The decline didn’t have a significant impact, with a number of markets even printing an all-time high. However, the decline does demonstrate a major shift […]
Recovery or Dead Cat Bounce? Canadian Real Estate Sales Rise Unexpectedly
Canadian real estate sales are stabilizing after last year’s massive drop. Canadian Real Estate Association (CREA) numbers show a large climb for sales volume in April. The increase comes after months of negative growth, but may be more of a sign of stabilization. Last year’s decline in sales was the largest in over a decade, […]
Canadian Real Estate Sales Print Worst February Since Before The Great Recession
There were a lot less Canadian real estate buyers than normal last month. Canadian Real Estate Association (CREA) numbers show a drop in sales for February. The decline makes it one of the slowest Februaries for real estate sales in over a decade. Canadian Real Estate Sales Print Worst February In Over 12 Years Canadian […]