
Canadian real estate association


CREA lowers housing market forecast for 2024 amid ‘holding pattern’ for home sales
The Canadian Real Estate Association is downgrading its housing market forecast for the remainder of the year again, saying the Bank of Canada’s interest rate cuts haven’t spurred the gradual improvement it previously anticipated.

Competition Bureau gets court order for probe into Canadian Real Estate Association
The Competition Bureau says it has obtained a court order as part of an investigation into potential anti-competitive conduct by the Canadian Real Estate Association.

Canadian home sales hit “speed bump” in July, despite rate cuts
Falling mortgage rates haven’t yet had a a significant impact on real estate activity, according to recent data.

CREA cuts housing market forecast for 2024 despite June sales rising
CREA has lowered its housing market forecast for 2024, citing increased supply levels and a slow spring season due to fewer anticipated interest rate cuts in 2024.

June home sales up 3.7% as market responds to BoC rate cut and possibly capital gains changes
Home sales activity in June 2024 showed signs of renewed life following the Bank of Canada’s interest rate cut at the beginning of the month.

Home sales slid in May as buyers awaited confirmation of a Bank of Canada rate cut
Home sales slipped in May and listings continued to build as prospective homebuyers largely remained on the sidelines.

Home sales dip in April from prior month as spring listings perk up: CREA
The Canadian Real Estate Association says the number of homes changing hands in April fell from the previous month despite an influx of new listings hitting the market.

National home sales in February up nearly 20% compared with year ago
The Canadian Real Estate Association says February home sales jumped 19.7 per cent compared with a year ago in what could mark the “last relatively uneventful month of the year.”

Canada’s housing rebound continued in January. What should buyers expect this spring?
January marked the second straight month of higher home sales in Canada, which are now up 22% from a year ago.