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Tag: CREA

Canada

Canadian Real Estate Markets Have Seen A “Typical” Home Increase Up To $400,000

January 27, 2022

Canadian real estate prices are soaring at the fastest pace ever, yet the national numbers downplay growth. Canadian Real Estate Association (CREA) data shows home prices continued to soar in December. Over just 31 days, a “typical” home added up to $40,000 in one market. Over the past year, prices have increased more than ten […]

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Canada

Canadian Real Estate Prices Jump Another $17,000 and Growth Is Accelerating

January 17, 2022

Canadian home prices are soaring as easy credit continues to drive excess demand. The Canadian Real Estate Association (CREA) data shows real estate prices ripped higher in December. Prices are now showing the fastest annual growth ever, with few signs of slowing down. The recent acceleration in price growth shows the annual rate may rise […]

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Canada | Toronto

Toronto Real Estate Is On Fire, But It’s Also Ontario’s Worst Performing Market

December 30, 2021

Toronto real estate prices are some of the fastest growing of any global hub, but it might seem slow at home. Canadian Real Estate Association (CREA) data shows Toronto is the slowest growing market in Ontario. Small cities are growing up to 3x faster, closing the gap between the county’s economic engine.  Toronto Real Estate […]

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Canada | Toronto

The Toronto Real Estate Bubble Now Has 1 In 59 Workers Selling Homes

December 30, 2021

The Canadian real estate boom has produced a gold rush, and now everyone is trying to sell you a home. It’s a country-wide phenomenon, as people see a low barrier of entry and large commissions. However, nowhere has taken to the trend like Toronto, which now has more Realtors than teachers. A lot more. Not […]

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Canada

Canada’s Top 3 Real Estate Markets For Price Growth Each Climbed Over $250k

December 23, 2021

Canadian real estate prices show no sign of slowing down, even going into the winter. According to the Canadian Real Estate Association (CREA), prices jumped by tens of thousands in November. Not in one or two extraordinary markets either, but right across the country. Home prices have increased well over six figures since last year. […]

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Canada

Canada’s Real Estate Industry Had Forecast Slow Price Growth In 2022, But Not Anymore

December 21, 2021

Canada’s real estate industry is ratcheting up expectations for next year. The Canadian Real Estate Association (CREA) is forecasting huge growth for the average home price in 2022. Just six months ago, they had been expecting the boom in 2021 to be followed by slow growth. Now in a market flooded with easy money, they […]

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Canada

Canadian Real Estate Prices Grew At The Fastest Rate Ever As Inventory Squeeze Eased

December 15, 2021

Canadian real estate prices are seeing the rate of growth accelerate once again. The Canadian Real Estate Association (CREA) Home Price Index (HPI) shows prices surged in November. Even as the inventory squeeze eased a little, buyers bid up home prices at an even faster rate. Annual home price growth is at a record high, […]

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Canada

Canadian Real Estate Prices Saw A “Typical” Home Rise Up To $78,000 Just Last Month

November 15, 2021

Canadian real estate prices have once again turned into a runaway freight train. The Canadian Real Estate Association (CREA) October Home Price Index (HPI) made a big jump. Home prices across the country are now rising at the fastest annual rate since June. This has almost entirely reversed the pre-election slowing of growth. Canadian Home […]

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Canada

The Canadian Real Estate Industry Has Forecast Face Ripping Price Gains Next Year

September 20, 2021

Canadian real estate is expected to be slow for the rest of this year, but it won’t last very long. The Canadian Real Estate Association (CREA) shared their 2021 forecast. In the forecast for this year, they see minimal movement from the current average sale price. Next year they see huge gains returning, especially in […]

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Canada

Canadian Real Estate Prices See Further Slowing, As Demand Falls Faster Than Supply

September 16, 2021

Canada’s red hot real estate market continued to cool, according to new numbers from the industry. Canadian Real Estate Association (CREA) data shows the seasonally adjusted sales to new listings ratio (SNLR) fell in August. The relative measure of demand is one of the core indicators used to determine how tight the market is. Since […]

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