CREA
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Stagnant housing market prompts CREA to trim 2024 outlookThe Canadian Real Estate Association said Tuesday it now thinks the national housing market will remain in 'more of a holding pattern' until next spring.EconomyOct 15
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Despite rate cuts, home sales stuck in ‘holding pattern’ over summer: CREAHome sales rose again in August but the national housing market was not shocked to life by the start of the Bank of Canada's interest rate easing cycle, according to CREA.MoneySep 16
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‘Spotty’ summer could be followed by ‘friendlier’ fall for homebuyersHome sales edged back somewhat in July despite the start of the Bank of Canada's interest rate easing cycle. Here's what experts expect for the fall amid hopes for more rate cuts.MoneyAug 15
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Forecast for home prices, sales scaled back after slow spring: CREASupply in the housing market has built up as sellers come off the sidelines, CREA noted, but buyers remained hesitant through the spring.MoneyJul 12
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May was ‘another sleepy month’ for homebuyers. Will a rate cut wake them up?The Canadian housing market remained cool in May, but CREA commentators expect the first interest rate cut of the cycle will bring buyers off the sidelines in months to come.MoneyJun 17
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Listings surge met few buyers in April. What that means for spring housing marketThe Canadian housing market is seeing a boost in listings but a slowdown in sales so far this spring, according to the national real estate association.MoneyMay 15
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Slow February home sales signal ‘things are about to pick up’: CREAHome prices were flat in February, according to the Canadian Real Estate Association, snapping a five-month streak of declines in the housing market.MoneyMar 18
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Canada’s housing market hit an ‘unexpected surge’ heading in 2024. Will it last?Canadian home sales picked up steam unexpectedly in December, with one CREA economist saying buyers and sellers came together to get deals done before the end of 2023.MoneyJan 15
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Ontario sees bulk of home price drops. These markets are also seeing declinesRoyal LePage is forecasting a turn to the pandemic home price peaks in 2024, but not every market is expected to see such a turnaround.MoneyDec 14, 2023
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Housing market likely in ‘hibernation’ until next spring, CREA data showsCanada's housing market continued to slow down in October, CREA data shows, with a growing trend of buyers and sellers alike shelving their plans.MoneyNov 15, 2023
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