CREA

• Home prices, sales have plunged in the last year. Is this the bottom?

  Canada's average national home price has dropped nearly 19 per cent from the peak in February 2022, the Canadian Real Estate Association said Wednesday.

  Money

  Mar 15
  
• Home prices in Canada could fall 5.9% in 2023, CREA forecasts

  The outlook came as CREA reported home sales in December 2022 were down 39.1 per cent compared with a year earlier.

  Money

  Jan 16
  
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• Canadian home sales rose last month for the first time since February

  Home sales in Canada saw their first bump in October since February as rising interest rates had put a chill into market activity.

  Economy

  Nov 15, 2022
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• Canada’s average home price in September was down 6.6% from last year, CREA says

  Home sales in September were down 3.9 per cent compared with August, continuing the slowdown that began with the Bank of Canada's first interest rate hike in March.

  Economy

  Oct 14, 2022
• Canada’s housing market will cool more by year’s end than expected, CREA says

  CREA has dropped its expectations for the housing market in 2022, now calling for a 20 per cent decline in sales from the all-time high in 2021.

  Money

  Sep 15, 2022
• Canadian home prices were down 23% in July from February peak: CREA

  Housing prices and activity continued to decline in July as high interest rates keep prospective buyers on the sidelines, according to the Canadian Real Estate Association.

  Economy

  Aug 15, 2022
• Canada’s housing market is cooling as rates rise. But rents have never been hotter

  The Bank of Canada's moves to hike interest rates might be taking some steam out of the ownership market, but economists say it's having the opposite effect on rents.

  Economy

  Jul 15, 2022
• Canadian home sales were down 24% in June. How far will the market fall?

  Home sales continued to tumble across Canada as interest rates rose in June, according to the Canadian Real Estate Association, with prices down two per cent year-over-year.

  Money

  Jul 15, 2022
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• Home sales dropped 22% in May as interest rates cool housing market: CREA

  Home sales dropped 22 per cent year-over-year in May, according to the Canadian Real Estate Association, as rising mortgage rates weigh on sales.

  Economy

  Jun 15, 2022
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• Hamilton realtors association suggests ‘cooling off’ doesn’t mean ‘bargains’ for buyers

  The president of the Realtors Association of Hamilton-Burlington says home buyers will continue to see a tight market despite CREA numbers showing falling sales and prices.

  Economy

  May 18, 2022