crea Archives - Mortgage Rates & Mortgage Broker News in Canada

CREA reports home sales fell in February amid tariff uncertainty

March 17, 2025 No Comments

Home sales in February fell to their lowest level in more than a year as homebuyers stayed on the sidelines amid the uncertainty created by the trade war with the United States, the Canadian Real Estate Association said on Monday.

Home sales dented by tariff worries in January as listings surge: CREA

February 18, 2025 No Comments

Tariff uncertainty put downward pressure on home resales in January while total listings saw one of the biggest spikes in decades, said the Canadian Real Estate Association on Tuesday.

Five things to watch for in the Canadian business world in the coming week

February 17, 2025 No Comments

Five things to watch for in the Canadian business world in the coming week:

Mortgage Digest: CREA updates 2025 forecast with higher sales and price growth

January 16, 2025 No Comments

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

National home sales finish strong in 2024, as association forecasts rebound this year

January 15, 2025 No Comments

The number of homes that changed hands across the country in December was up 19.2% compared with a year earlier, as the Canadian Real Estate Association says a strong fourth quarter bodes well for a rebound in sales in 2025.

Housing market poised for 2025 comeback as lower rates unleash pent-up demand

December 31, 2024 No Comments

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

December 16, 2024 No Comments

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

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.

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