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Tag: CREA

Canada

Canadian Real Estate Markets Crammed Up To 15 Years of Price Gains Into One Year

April 29, 2021

Canadian real estate prices have been rising quickly, but it’s never been like this before. Canadian Real Estate Association (CREA) data shows home prices made a big jump in March. Over the past 12 months, home prices increased more than they did over the previous 4 years. That’s just at the national level. More than […]

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Canada

Canadian Real Estate Is Moving From Pent-Up Demand To Pent-Up Supply

April 20, 2021

Canadian real estate inventory appears scarce, but that might be starting to change. Canadian Real Estate Association (CREA) data shows new listings grew faster than sales in March. A massive amount of sales are actually being met with even more inventory these days. Record sales are due to pent-up and pulled-forward demand, but inventory isn’t. […]

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Canada

Canadian Real Estate Sales Hit Highest Level Ever, As “Can’t Lose” Mindset Solidifies

April 15, 2021

Canadian real estate data confirms the anecdotes — the market was busier than ever. Canadian Real Estate Association (CREA) sales reached a new all-time high in March. The record is for any month of home sales, not just for the time of year. Annual growth was also the highest ever, beating even annual growth in […]

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Canada

Canada’s Real Estate Industry Is Forecasting Lower Prices From Here

March 19, 2021

Canada’s national association representing Realtors is forecasting big price gains… but those gains are lower than last month’s average price. The Canadian Real Estate Association (CREA) released a forecast with February sales data. The association sees absolutely mind blowing growth for home prices in every province. Just one minor detail most analysts didn’t catch. The […]

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Canada

Canadian Real Estate Prices Rise By Tens of Thousands Just Last Month

March 15, 2021

Canadian real estate prices are making huge leaps higher, and not just in big cities. Canadian Real Estate Association (CREA) data shows prices hit a record in February. Rapid price growth is nothing new, but where it’s occurring is. Big cities, that typically lead the market, are seeing prices rise quickly. However, it’s nothing compared […]

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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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