Canadian home sales inch lower in December

Ottawa, ON, January 15, 2020 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales eased between November and December 2019. Highlights: National home sales declined by 0.9% on a month-over-month (m-o-m) basis in December. Actual (not seasonally adjusted) activity was up 22.7% year-over-year (y-o-y). The number of newly listed properties dropped by a further 1.8% m-o-m. The MLS® Home Price Index (HPI) advanced by 0.8% m-o-m and 3.4% y-o-y. The actual (not seasonally adjusted) […]

Canadian home sales edge higher in November

Ottawa, ON, December 16, 2019 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales continued to edge higher in November 2019. Highlights: National home sales rose 0.6% month-over-month (m-o-m) basis in November. Actual (not seasonally adjusted) activity was up 11.3% year-over-year (y-o-y). The number of newly listed properties dropped by 2.7% m-o-m. The MLS® Home Price Index (HPI) advanced by 0.8% m-o-m and 2.6% y-o-y. The actual (not seasonally adjusted) national average sale price […]

Canadian home sales hold steady in October

Ottawa, ON, November 15, 2019 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were unchanged from September to October 2019. Highlights: National home sales held steady on a month-over-month (m-o-m) basis in October. Actual (not seasonally adjusted) activity was up 12.9% year-over-year (y-o-y). The number of newly listed properties declined by 1.8% m-o-m. The MLS® Home Price Index (HPI) advanced by 0.6% m-o-m and 1.8% y-o-y. The actual (not seasonally adjusted) national average […]

Canadian home sales rise again in September

Ottawa, ON, October 15, 2019 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up slightly in September 2019. Highlights: National home sales rose 0.6% month-over-month (m-o-m) in September. Actual (not seasonally adjusted) activity was up 15.5% year-over-year (y-o-y). The number of newly listed properties edged back by 0.6% m-o-m. The MLS® Home Price Index (HPI) advanced by 0.5% m-o-m and 1.3% y-o-y. The actual (not seasonally adjusted) national average sale price was […]

Altus Group Partners with The Canadian Real Estate Association and its Member Real Estate Boards and Associations to Expand the MLS® Home Price Index Nationally

Advanced AVM technology from Altus Group combined with extensive data from real estate boards and associations delivers first national Canadian index making it one of largest and most comprehensive in the world TORONTO (October 2, 2019) — Altus Group Limited (“Altus Group”) (TSX: AIF), a leading provider of software, data solutions and independent advisory services to the global commercial real estate (“CRE”) industry, together with The Canadian Real Estate Association (“CREA”) and the Founding Boards, including the Greater Vancouver Real […]

Statement from The Canadian Real Estate Association in response to the Conservative Party housing measures announcement

Ottawa, ON, September 23, 2019 — With Election 2019 underway, CREA welcomes today’s announcement that a Conservative government would introduce new measures to make it easier for first-time homebuyers to buy a home. “REALTORS® have long asked for common-sense solutions designed to help Canadians to purchase a home of their own,” said Jason Stephen, President of The Canadian Real Estate Association. “The measures announced today by the Conservative party include suggestions we’ve been making to policymakers, such as fixing the […]

Canadian home sales edge higher in August

Ottawa, ON, September 16, 2019 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up in August 2019. Highlights: National home sales rose 1.4% month-over-month (m-o-m) in August. Actual (not seasonally adjusted) activity was up 5% year-over-year (y-o-y). The number of newly listed homes climbed 1.1% m-o-m. The MLS® Home Price Index (HPI) advanced by 0.8% m-o-m and 0.9% y-o-y. The actual (not seasonally adjusted) national average sale price was up 3.9% y-o-y. […]

Quarterly Forecast

CREA Updates Resale Housing Market Forecast Ottawa, ON, September 16, 2019 – The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate boards and associations – for the rest of 2019 and looking ahead to 2020. Economic fundamentals underpinning housing activity remain strong outside of the Prairies and Newfoundland and Labrador. Population and employment growth have both remained supportive and the unemployment rate remains low. […]

Statement from The Canadian Real Estate Association in response to the Liberal Party FTHBI announcement

Ottawa, ON, September 12, 2019 ⁠— With Election 2019 barely underway, CREA welcomes today’s announcement that a Liberal government would extend the eligibility requirements for the First Time Home Buyers’ Incentive (FTHBI) so that Canadians in higher priced markets can take advantage of the program. “REALTORS® welcomed the FTHBI when it was announced in the spring because it represents tangible support for millennials, new Canadians and other first-time buyers hoping to fulfill their home ownership dreams,” said Jason Stephen, President of […]

The Canadian Real Estate Association launches its Election 2019 REALTOR® Resource Hub

Ottawa, ON, September 12, 2019 — The Canadian Real Estate Association (CREA) has launched an Election 2019 Resource Hub for REALTORS® called REALideas to share policy proposals to help Canadians achieve their homeownership aspirations. “Housing affordability is top of mind to Canadians who have been shut out of housing markets across the country. REALTORS® know that all real estate is local, and during this campaign we want to have a conversation about how politicians can help Canadians who face obstacles to homeownership […]