Jul 16, 2014 | CREA/OREA/RECO News |
According to statistics released by The Canadian Real Estate Association (CREA), national home sales activity edged up almost one per cent on a month-over-month basis in June 2014.
Highlights:
- National home sales rose 0.8% from May to June.
- Actual (not seasonally adjusted) activity stood 11.2% above June 2013 levels.
- The number of newly listed homes was little changed from May to June.
- The Canadian housing market remains in balanced territory.
- The national average sale price rose 6.9% on a year-over-year basis in June.
- The MLS® Home Price Index (HPI) rose 5.4% year-over-year in June.
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 June 2014, marking the fifth consecutive monthly increase and the highest level for sales since March 2010.
Read more.
Jun 17, 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.
Extraordinarily bleak winter weather made for a slow start to 2014 national sales activity. As the first quarter ended, sales momentum heading into spring was constrained by a continuing shortage of listings in a number of local markets. The rise in newly listed properties in April and May supported an increase in sales activity.
The deferral of sales and listings reflects a delayed start to the spring home buying season, with combined sales for the period from March to May coming in largely as anticipated and at average levels. These deferrals are now likely to have been largely depleted, which suggests that the strength of sales momentum heading into the summer may be transient.
Read more.
Jun 17, 2014 | CREA/OREA/RECO News |
According to statistics released by The Canadian Real Estate Association (CREA), national home sales activity posted a sizeable month-over-month increase in May 2014.
Highlights:
- National home sales rose 5.9% from April to May.
- Actual (not seasonally adjusted) activity stood 4.8% above May 2013 levels.
- The number of newly listed homes climbed 3.8% from April to May.
- The Canadian housing market remains in balanced territory.
- The national average sale price rose 7.1% on a year-over-year basis in May.
- The MLS® Home Price Index (HPI) rose 5.0% year-over-year in May.
The number of home sales processed through the MLS® Systems of Canadian real estate Boards and Associations rose 5.9 per cent from April to May 2014. This marks the largest month-over-month increase in nearly four years.
Read more
May 8, 2014 | MLS®, Stats & Technology |
CREA has updated REALTOR.ca and ICX.ca apps. The apps for REALTOR.ca for iPad and Android and ICX.ca for iPhone are upgrades of the previous design; the upgrade to REALTOR.ca for iPhone is a completely new design.
(more…)
Apr 17, 2014 | CREA/OREA/RECO News |
According to statistics released by The Canadian Real Estate Association (CREA), national home sales activity edged up on a month-over-month basis in March 2014.
Highlights:
- National home sales rose 1.0% from February to March.
- Actual (not seasonally adjusted) activity stood 4.9% above March 2013 levels.
- The number of newly listed homes edged up 0.5% from February to March.
- The Canadian housing market remains in balanced territory.
- The national average sale price rose 6.0% on a year-over-year basis in March.
- The MLS® Home Price Index (HPI) rose 5.2% year-over-year in March.
The number of home sales processed through the MLS® Systems of Canadian real estate Boards and Associations edged up one per cent from February to March 2014. This builds on the monthly gain of 0.6 per cent the previous month, but leaves activity closer to the low reached in January 2014 than to the most recent peak reached in August 2013.
Read more
Apr 10, 2014 | CREA/OREA/RECO News |
Have you seen the new CREA television ads?
See all three versions of this year’s television ad campaign:
http://www.realtorlink.ca/portal/server.pt/community/tv_campaigns/
1066/television_ads/154234
New CREA FINTRAC resource materials help simplify compliance
New resource materials are available to help members more easily comply with FINTRAC obligations, including the new regulatory requirements that took effect on February 1, 2014.
CREA’s resource materials include the new comprehensive Proceeds of Crime (Money Laundering) and Terrorist Financing Act and Regulations 2014 Compliance Regime manual that explains obligations – both existing and new — in a user-friendly, fill-in-the-blank format. Of note, section 3.1.2.11 of the manual specifically pertains to the new regulations. Once completed and tailored to the brokerage’s business, this manual can be used to satisfy FINTRAC’s requirement for documentation of a brokerage’s policies and procedures.
Revised CREA forms, which incorporate the new requirements, are available for download on REALTOR Link® and will be available shortly in WEBForms®. CREA’s FINTRAC FAQ has also been updated with instructions on how brokers may wish to implement the new forms into their brokerage. Through an easy-to-implement format, these new materials complement the over two years of lobbying, which resulted in ten changes and clarifications that significantly and substantively reduce the administrative burden of the new regulations.
All new FINTRAC material is available in REALTOR Link®
– http://realtorlink.ca/portal/server.pt/gateway/
PTARGS_0_138284_3837_597_87480_43/http%3B/
wcipublisher%3B7087/publishedcontent/publish/
national_shared_resources/compliance__centre/money_laundering.htm
Mar 17, 2014 | CREA/OREA/RECO News |
According to statistics released by The Canadian Real Estate Association (CREA), national home sales activity was little changed in February 2014 on a month-over-month basis.
Highlights:
- National home sales edged up 0.3% from January to February.
- Actual (not seasonally adjusted) activity stood 1.9% above February 2013 levels.
- The number of newly listed homes edged up 0.6% from January to February.
- The Canadian housing market remains in balanced territory.
- The national average sale price rose 10.1% on a year-over-year basis in February.
- The MLS® Home Price Index (HPI) rose 5.1% year-over-year in February.
The number of home sales processed through the MLS® Systems of Canadian real estate Boards and Associations was little changed from January to February 2014, edging up just three tenths of one per cent. The February result follows five straight monthly declines and leaves activity 9.3 per cent below the peak reached in August 2013.
Read the complete report here.
Mar 11, 2014 | RAHB News |
RAHB Past President Bruce Moran (Chase Realty Inc.) will be running for the position of CREA Regional Director for Ontario in the upcoming election at the CREA Annual General Meeting on March 29.
Bruce has been a member of RAHB for 28 years and has been Broker of Record of Chase Realty Inc. since 1996. He has served on many RAHB committees and task forces, the Board of Directors and as President. Bruce received the Volunteer of the Year award in 2003.
Voting delegates from Ontario will cast their ballots at the CREA annual meeting in Ottawa.
Mar 11, 2014 | CREA/OREA/RECO News |
Are you using the latest app version?
CREA periodically releases maintenance updates to REALTOR.ca or ICX.ca mobile apps to correct issues and implement minor changes. Anyone using the apps should ensure they are using the latest app version. (more…)
Feb 14, 2014 | CREA/OREA/RECO News |
According to statistics released by The Canadian Real Estate Association (CREA), national home sales activity posted its fifth consecutive month-over-month decline in January 2014.
Highlights:
- National home sales fell 3.3% from December to January.
- Actual (not seasonally adjusted) activity stood 0.4% above January 2013 levels.
- The number of newly listed homes edged up 0.2% from December to January.
- The Canadian housing market remains in balanced territory.
- The national average sale price rose 9.5% on a year-over-year basis in January.
- The MLS® Home Price Index (HPI) rose 4.8% year-over-year in January.
The number of home sales processed through the MLS® Systems of Canadian real estate Boards and Associations and other co-operative listing systems fell 3.3 per cent on a month-over-month basis in January 2014. This marks the fifth straight monthly decline, and leaves activity 9.1 per cent below the peak reached in August 2013.
Read more.
Feb 12, 2014 | CREA/OREA/RECO News |
They’re back!
The Montreal and Quebec City real estate boards are back in the CREA fold after a new deal was worked out between the two boards and the Canadian Real Estate Association. (more…)
Jan 15, 2014 | CREA/OREA/RECO News |
According to statistics released by The Canadian Real Estate Association (CREA), national home sales activity posted its third consecutive month-over-month decline in December 2013.
Highlights:
- National home sales fell 1.8% from November to December.
- Actual (not seasonally adjusted) activity stood 12.9% above weak December 2012 levels.
- The number of newly listed homes dropped 4.3% from November to December.
- The Canadian housing market remains in balanced territory.
- The national average sale price rose 10.4% on a year-over-year basis in December.
- The MLS® Home Price Index (HPI) rose 4.3% year-over-year in December.
Read the details here.
