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Tag: CREA

Canada

Canadian Real Estate Sales Start The Year Off 35% Higher

February 16, 2021

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 […]

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Canada

Canadian Home Sales Fall Over 39%, With Toronto Leading The Market Lower

June 15, 2020

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 […]

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Canada

CREA: Canadian Real Estate Prices Reach A New All-Time High, But Growth Slows

November 19, 2019

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 […]

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Canada

Canadian Real Estate Sales Rise 5%, Falling From Peak 2019 Growth

September 16, 2019

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 […]

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Canada

Vancouver Real Estate Falls To Bottom of The List For Demand, Ottawa Tops

August 26, 2019

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 […]

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Canada

Canadian Real Estate Sales Soar, With Only Two Markets Showing Declines

August 15, 2019

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 […]

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Canada

Vancouver Real Estate Demand Plummets, While Ottawa Rips Higher

June 27, 2019

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 […]

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Canada

Vancouver Real Estate Is No Longer The Country’s Most Expensive Market

June 14, 2019

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 […]

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Canada

Recovery or Dead Cat Bounce? Canadian Real Estate Sales Rise Unexpectedly

May 15, 2019

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, […]

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Canada

Canadian Real Estate Sales Print Worst February Since Before The Great Recession

March 15, 2019

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 […]

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