
Canadian real estate association


Housing market poised for 2025 comeback as lower rates unleash pent-up demand
As the calendar flipped one year ago, Canadian real estate watchers were optimistic a sluggish 2023 would give way to a rebound, with hopes of renewed demand as soon as the spring.

National home sales continue surging, prices rise amid falling interest rates: CREA
The Canadian Real Estate Association says the number of homes sold in November rose 26% compared with a year ago, marking the second straight month of large year-over-year gains.

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

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