crea Archives - Page 2 of 10 - Mortgage Rates & Mortgage Broker News in Canada

National home sales surge in October after previous month’s supply bump: CREA

November 15, 2024 No Comments

The Canadian Real Estate Association says the number of homes sold in October rose 30% compared with a year ago, marking a shift from the market’s holding pattern.

Prospective homebuyers waiting for sub-3.00% rates

Mortgage Digest: Prospective homebuyers waiting for sub-3% BoC rate before acting, survey shows

October 22, 2024 No Comments

A bi-weekly review of the latest mortgage and real estate news, a recap of key headlines, and a preview of upcoming economic releases.

CREA lowers housing market forecast for 2024 amid ‘holding pattern’ for home sales

October 15, 2024 No Comments

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

October 3, 2024 1 Comment

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.

National housing market in ‘holding pattern’ as buyers patient for lower rates: CREA

September 16, 2024 No Comments

The Canadian Real Estate Association says the number of homes sold in August fell compared with a year ago as the market remained largely “stuck in a holding pattern” despite borrowing costs beginning to come down.

Canadian home sales hit “speed bump” in July, despite rate cuts

August 15, 2024 No Comments

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

July 12, 2024 No Comments

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

July 12, 2024 No Comments

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

June 17, 2024 1 Comment

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

May 15, 2024 No Comments

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.

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