Feb 18, 2015 | CREA/OREA/RECO News |
Foreign investment in Canadian and U.S. real estate continues to surge, and knowledge and preparation are essential if you work in this lucrative market.
CREA, OREA and the Toronto Real Estate Board are sponsoring a five-day Certified International Property Specialist (CIPS) designation program. This designation provides the education, resources and network to help you succeed in this growing global market.
A CIPS Institute has been scheduled for Toronto from July 20-24, 2015.
- July 20: Global Real Estate: Local Markets
- July 21: The Business of U.S. Real Estate
- July 22: Europe & International Real Estate
- July 23: The Americas & International Real Estate
- July 24: Asia/Pacific & International Real Estate
Critical aspects of international real estate transactions, such as:
- Globalization of economies
- International capital flow
- Marketing and business planning strategies
- Roles and expectations in international transactions
will be covered in the Institute.
For more information or to register, go to www.events.crea.ca/CIPS
Feb 17, 2015 | CREA/OREA/RECO News |
According to statistics released by The Canadian Real Estate Association (CREA), national home sales activity was down on a month-over-month basis in January 2015.
Highlights
- National home sales fell 3.1% from December to January
- Actual (not seasonally adjusted) activity stood 2.0% below January 2014 levels
- The number of newly listed homes rose 0.7% from December to January
- The Canadian housing market remains balanced
- The MLS® Home Price Index (HPI) rose 5.17% year-over-year in January
- The national average sale price rose 3.1% on a year-over-year basis in January
The number of home sales processed through the MLS® Systems of Canadian real estate Boards and Associations fell 3.1 per cent in January 2015 compared to December 2014.
Read the full report.
Jan 15, 2015 | CREA/OREA/RECO News |
According to statistics released by The Canadian Real Estate Association (CREA), national home sales activity was down on a month-over-month basis in December 2014.
Highlights:
- National home sales fell 5.8% from November to December.
- Actual (not seasonally adjusted) activity stood 7.9% above December 2013 levels.
- The number of newly listed homes rose 1.1% from November to December.
- Canadian housing market remains balanced.
- The MLS® Home Price Index (HPI) rose 5.4% year-over-year in December.
- The national average sale price rose 3.8% on a year-over-year basis in December.
The number of home sales processed through the MLS® Systems of Canadian real estate Boards and Associations fell 5.8 per cent in December 2014 compared to November and remained above year-ago levels.
Read the full report.
Jan 9, 2015 | CREA/OREA/RECO News |
The annual election for the CREA Board of Directors will be held on March 28, 2015 at the 2015 CREA Annual General Meeting. Any qualified REALTOR® member who has
an interest in serving as a Director of CREA is strongly encouraged to run for a position on the Board of Directors.
The following positions are open:
• Three Director-at-Large positions, each for a two-year term.
• Four Regional Director positions, each for a two-year term, from each of the following regions:
·British Columbia/Yukon
· Manitoba
·Quebec
·The Atlantic Region
Candidacy forms must be received by CREA no later than January 27, 2015. Questions should be directed to Bill Harrington at 613.237.7111.
For complete information about the qualifications for Directors, the CREA elections and candidacy forms, go to http://www.rahb.ca/CREA/CREA_ElectionNotice2015.pdf
Jan 9, 2015 | CREA/OREA/RECO News |
CREA’s Communications department releases a daily email called “Read All About It”, an aggregate of all real estate-related daily news (residential and commercial) from across the country and around the globe.
You can receive this email by signing up at http://www.realtorlink.ca/content/readallaboutit/sub.htm
Sign up and then sit back and enjoy the news.
Dec 15, 2014 | CREA/OREA/RECO News |
The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards and Associations for 2014 and 2015.
With mortgage rates remaining at historic lows since the summer, activity has remained stronger for longer than previously expected and has yet to show clear signs of fading.
Read more.
Dec 15, 2014 | RAHB News |
According to statistics released by The Canadian Real Estate Association (CREA), national home sales activity was unchanged on a month-over-month basis in November 2014.
Highlights:
- National home sales were unchanged from October to November.
- Actual (not seasonally adjusted) activity stood 2.7% above November 2013 levels.
- The number of newly listed homes edged down 0.4% from October to November.
- The Canadian housing market remains balanced.
- The MLS® Home Price Index (HPI) rose 5.2% year-over-year in November.
- The national average sale price rose 5.7% on a year-over-year basis in November.
The number of home sales processed through the MLS® Systems of Canadian real estate Boards and Associations was unchanged in November 2014 compared to October. As a result, activity remains much improved compared to the quiet start to the year.
Read more.
Nov 17, 2014 | CREA/OREA/RECO News |
According to statistics released by The Canadian Real Estate Association (CREA), national home sales activity edged higher on a month-over-month basis in October 2014.
Highlights:
- National home sales rose 0.7% from September to October.
- Actual (not seasonally adjusted) activity stood 7% above October 2013 levels.
- The number of newly listed homes rose 0.8% from September to October.
- The Canadian housing market remains balanced.
- The MLS® Home Price Index (HPI) rose 5.5% year-over-year in October.
- The national average sale price rose 7.1% on a year-over-year basis in October.
The number of home sales processed through the MLS® Systems of Canadian real estate
Boards and Associations edged up 0.7 per cent in October 2014 compared to September.
This marks the sixth consecutive month of stronger resale housing activity compared to a quiet start to the year, and the strongest activity for the month of October since 2009.
Read the full report.
Oct 15, 2014 | CREA/OREA/RECO News |
According to statistics released by The Canadian Real Estate Association (CREA), national home sales activity in September 2014 was down from the previous month.
Highlights:
- National home sales fell 1.4% from August to September.
- Actual (not seasonally adjusted) activity stood 10.6% above September 2013 levels.
- The number of newly listed homes declined by 1.6% from August to September.
- The Canadian housing market remains balanced.
- The MLS® Home Price Index (HPI) rose 5.3% year-over-year in September.
- The national average sale price rose 5.9% on a year-over-year basis in September.
The number of home sales processed through the MLS® Systems of Canadian real estate Boards and Associations fell by 1.4 per cent on a month-over-month basis in September 2014, marking the first monthly decline since January of this year.
Read the entire report.
Sep 9, 2014 | CREA/OREA/RECO News |
After receiving a lot of attention several years ago, CREA’s Data Distribution Facility, or DDF®, is up and running and being used by brokers and salespeople across Canada. (more…)
Aug 15, 2014 | Member Services |
According to statistics released by The Canadian Real Estate Association (CREA), national home sales activity edged up almost one per cent in July 2014 from the previous month.
Highlights:
- National home sales rose 0.8% from June to July.
- Actual (not seasonally adjusted) activity was 7.2% higher than July 2013 levels.
- The number of newly listed homes edged up 0.4% from June to July.
- The Canadian housing market remains in balanced territory.
- The MLS® Home Price Index (HPI) rose 5.3% year-over-year in July.
- The national average sale price rose 5.0% on a year-over-year basis in July.
The number of home sales processed through the MLS® Systems of Canadian real estate Boards and Associations rose 0.8 per cent on a month-over-month basis in July 2014, marking the sixth consecutive monthly increase and the highest level for sales since March 2010.
Read the full report.
Aug 13, 2014 | CREA/OREA/RECO News |
CREA recently introduced document and transaction management options to its suite of WEBForms® services. These add-on services will provide members with additional flexibility when working with past and present transaction kits and give members the ability to manage their transaction kits wherever they are. (more…)