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Tag: CREA

Canada

Canadian Real Estate Sales Have Worst May In Over 10 Years

Canadian Real Estate Sales Have Worst May In Over 10 Years
June 18, 2018

Canadian real estate sales continued to slump, any way you cut the numbers. Canadian Real Estate Association (CREA) numbers show May sales, usually the peak of the year, are significantly lower than last year. In fact, it was some the worst May numbers for Canada over the past decade. Seasonally Adjusted Versus Non-Seasonally Adjusted If […]

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Canada

Toronto Real Estate Leads The Country In Average Price Declines, Saint John Pops Higher

May 25, 2018

The average sale price of Canadian real estate is falling, and fast. Canadian Real Estate Association (CREA) numbers show the average price of a home is down 11.3% in April 2018. Most of the declines are being attributed to the country’s largest and fastest falling real estate market – Toronto. Yeah, I haven’t heard of […]

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Canada

Canada’s Fastest Cooling Real Estate Markets Are In Greater Toronto

May 22, 2018

Last year’s hottest real estate markets, are this year’s fastest cooling ones. Canadian Real Estate Association (CREA) numbers show the majority of markets saw the sales-to-new listings ratio (SNLR) decline significantly in April. There were a few markets that are seeing the ratio rise, almost all located East of Toronto. The fastest cooling markets were […]

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Canada

Greater Toronto Real Estate Sees Largest Drop In Demand Across Canada

Greater Toronto Real Estate Sees Largest Drop In Demand Across Canada
March 28, 2018

Toronto real estate just slipped into a balanced market, a huge drop from being in deep seller’s territory just a few months ago. Here’s how it compares to the rest of Canada.

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Canada

CREA Now Expects Real Estate Prices and Sales To Fall Across Canada In 2018

CREA Now Expects Real Estate Prices and Sales To Fall Across Canada In 2018
March 16, 2018

CREA, the organization that represents the Canadian real estate industry, just updated their forecast for 2018 – and it’s not pretty.

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Canada

Here’s Canada’s Hottest (and Coldest) Major Real Estate Markets

Here’s Canada’s Hottest (and Coldest) Major Real Estate Markets
January 17, 2018

Canadian real estate had a roller coaster of a year in 2017. Here’s which markets did better (and which ones did worse), than the year before.

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Canada

FOMO Sends Canadian Real Estate Sales To Record High

FOMO Sends Canadian Real Estate Sales To Record High
January 16, 2018

Canadian real estate sales soared to a record high, as FOMO drives buyers to “squeeze” in before mortgage stress testing becomes mandatory.

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Canada

Toronto Real Estate Leads The Country In Inventory Growth… Again

Toronto Real Estate Leads The Country In Inventory Growth… Again
December 18, 2017

Canadian real estate inventory is soaring in some of the country’s hottest markets, and CREA is anticipating sales will drop next year.

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Canada

New Listings For Toronto Area Real Estate Lead The Country In Growth YTD

New Listings For Toronto Area Real Estate Lead The Country In Growth YTD
September 21, 2017

Canadian real estate is soaring in some regions, and getting even tighter in others. Here’s where is keeping up with change in inventory.

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Vancouver

Vancouver Real Estate Sees The Largest Drop of New Listings In Canada

Vancouver Real Estate Saw The Highest Drop of New Listings In Canada
August 29, 2017

Vancouver real estate is seeing new listings plummet, but not as fast as sales. This may contribute to further tapering of price growth.

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