Jan 15, 2014 | CREA/OREA/RECO News |
Montreal and Quebec say good-bye to CREA
The members of the Montreal and Quebec real estate boards have voted to leave the Canadian Real Estate Association (CREA). The vote in Montreal was particularly close – 50.9 per cent of members who voted chose to leave CREA while 49.1 per cent voted to remain. 61 per cent of members did not vote at all.
As of the end of December, CREA had not offered an official response beyond what was reported in REM magazine – that the situation is evolving and that there are members within the departing boards who may consider other options in order to remain in CREA.
CREA seeking new Directors
CREA is accepting nomination forms for positions on the CREA Board of Directors. There are three Director-at-large positions available (each for a two-year term) and four Regional Director positions – one of which is from Ontario.
Qualifications:
1. Minimum of three years experience as a director of a real estate board or association
2. Have been a REALTOR® for at least five years
3. For Regional Directors, be licensed in that Region.
Responsibilities of Directors are set out in Rule 6 of CREA’s Bylaws.
Candidacy forms must be received by CREA no later than January 28, 2014. For more information, contact Bill Harrington at 613.237.7111 or election@crea.ca
Director-at-large candidacy forms can be found here
Regional Director candidacy forms can be found here
Dec 11, 2013 | CREA/OREA/RECO News |
New Policy on Out-of-Province Listings on REALTOR.ca
Effective October 27, 2013, CREA’s Board of Directors put into place a policy to remove from REALTOR.ca out-of-province listings which do not comply with provincial regulatory requirements. (more…)
Nov 14, 2013 | CREA/OREA/RECO News |
New look for REALTOR.ca (more…)
Nov 14, 2013 | MLS®, Stats & Technology |
New mandatory fields for REALTOR.ca (more…)
Oct 16, 2013 | CREA/OREA/RECO News |
According to statistics released by The Canadian Real Estate Association (CREA), national home sales posted a small month-over-month increase in September 2013.
Highlights:
- National home sales edged up by 0.8% from August to September.
- Actual (not seasonally adjusted) activity came in 18.2% above levels in September 2012.
- The number of newly listed homes declined by 1.4% from August to September.
- The Canadian housing market has tightened but continues to remain balanced.
- The national average sale price rose 8.8% on a year-over-year basis in September.
- The MLS® Home Price Index (HPI) rose 3.1% year-over-year in September.
The number of home sales processed through the MLS® Systems of Canadian real estate Boards and Associations and other co-operative listing systems edged up a modest eight-tenths of one percent on a month-over-month basis in September 2013.
Click here for more information.
Oct 11, 2013 | CREA/OREA/RECO News |
Have you joined the REALTOR® Action Network (RAN) yet? (more…)
Sep 16, 2013 | 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 2013 and 2014.
CREA’s previous two forecasts anticipated that national sales activity in 2013 would improve following the slow start to the year, buoyed by the continuation of low interest rates amid a constructive economic backdrop and the return of buyers who deferred purchase decisions or were otherwise sidelined in the wake of tighter mortgage rules and lending guidelines implemented last year.
Read more here.
Sep 16, 2013 | CREA/OREA/RECO News |
According to statistics released by The Canadian Real Estate Association (CREA), national home sales posted a month-over-month increase in August 2013.
Highlights:
- National home sales rose 2.8% from July to August.
- Actual (not seasonally adjusted) activity came in 11.1% above levels in August 2012.
- The number of newly listed homes was up 1.8% from July to August.
- The Canadian housing market has tightened but remains in balanced territory.
- The national average sale price rose 8.1% on a year-over-year basis in August.
- The MLS® Home Price Index (HPI) rose 2.9% year-over-year in August.
The number of home sales processed through the MLS® Systems of Canadian real estate Boards and Associations and other co-operative listing systems rose 2.8 per cent on a month-over-month basis in August 2013. The number of local markets where sales improved on a month-over-month basis ran roughly even with those where activity edged lower in August, with increases in major urban centres tipping the balance.
Read the entire report here.
Sep 12, 2013 | CREA/OREA/RECO News |
As a result of feedback from members and FINTRAC, CREA has updated its risk assessment form to make it easier for brokerages to comply with their obligations under the Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations (Regulations). The Regulations require brokerages assess and document their threats and vulnerabilities to money laundering and terrorist financing at least once every two years. (more…)
Jul 15, 2013 | CREA/OREA/RECO News |
According to statistics released by The Canadian Real Estate Association (CREA), national home sales rose in June 2013, building on gains recorded over the previous three months.
Highlights:
- National home sales rose 3.3% from May to June.
- Actual (not seasonally adjusted) activity came in 0.6% below levels in June 2012.
- The number of newly listed homes edged down 0.5% from May to June.
- The Canadian housing market has tightened but remains in balanced territory.
- The national average sale price rose 4.8% on a year-over-year basis in June.
- The MLS® HPI rose 2.3% year-over-year in June.
The number of home sales processed through the MLS® Systems of real estate Boards and Associations and other cooperative listing systems in Canada rose 3.3 per cent on a month-over-month basis in June 2013. This marks the fourth consecutive monthly increase, with activity now running 11 per cent above where it stood in February.
Read more
Jul 11, 2013 | CREA/OREA/RECO News |
The redesigned REALTOR.ca beta trial is being extended to the province of Ontario. (more…)
Jun 21, 2013 | 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 in 2013 and 2014.
Most Canadian housing markets have been evolving as anticipated since CREA’s last forecast released in March. National sales activity has held fairly stable since it moderated last August in the wake of changes to mortgage lending rules and guidelines.
Read more …
