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Tag: CREA

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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Canada

Canadian Real Estate Sales Make Longest Negative Streak Since 2009

February 15, 2019

Canadian real estate sales are off to a weak start in 2019. Canadian Real Estate Association (CREA) numbers show January was a slow one for sales. In fact, it’s the slowest January since 2015, when Canada was on the brink of recession. The decline also makes this the longest negative streak since the Great Recession. […]

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Canada

All But Two Canadian Real Estate Markets Have Fallen From Peak Prices

January 18, 2019

Canadian real estate prices are starting to take a breather, after an epic run. Canadian Real Estate Association (CREA) numbers show prices across the country were down a few points in December. The vast majority of markets are now off all-time highs, with only two printing records in December. Canadian Real Estate Prices Are Down […]

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Canada

Vancouver Is The Fastest Cooling Real Estate Market In Canada, Toronto Not Far Behind

October 22, 2018

Last year’s booming real estate markets are this years fastest cooling ones. Canadian Real Estate Association (CREA) numbers show a major shift in SNLR in September. The indicator, used to determine a buyer’s or seller’s market, actually fell in all but two major markets. Sales To New Listings Ratio (SNLR) The sales to new listings […]

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Canada

Canada’s Best Performing Real Estate Markets Aren’t Toronto or Vancouver

October 18, 2018

Canada’s real estate hubs of Toronto and Vancouver are slowing down. Canadian Real Estate Association (CREA) numbers show the price of a typical home in small cities climbed the most over the past year. In fact, the economic suburbs of Toronto and Vancouver have outperformed the cities over the past 5 years. Vancouver Real Estate […]

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Canada

Canadian Real Estate Sales Make Largest September Decline Since 2007

October 16, 2018

Canadian real estate sales made a larger than exepcted decline in September, as the market got hit with the worst September since 2012.

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