shaun cathcart Archives - Mortgage Rates & Mortgage Broker News in Canada

Tariff uncertainty foils ‘slam dunk rebound year’ for national home sales: CREA

April 15, 2025 No Comments

The Canadian Real Estate Association has downgraded its forecast for home sales activity in 2025, while the number of homes that changed hands across the country in March was down 9.3% compared with a year ago.

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.

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.

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.

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.

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.

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