Jun 21, 2013 | CREA/OREA/RECO News |
According to statistics released by The Canadian Real Estate Association (CREA), national home sales improved in May 2013, building on gains recorded in the previous two months.
Highlights:
- National home sales rose 3.6% from April to May.
- Actual (not seasonally adjusted) activity came in 2.6% below levels in May 2012.
- The number of newly listed homes was up 1.9% from April to May.
- The Canadian housing market remains firmly in balanced territory.
- The national average sale price rose 3.7% on a year-over-year basis in May.
- The MLS® Home Price Index (HPI) rose 2.3% year-over-year in May.
The number of home sales processed through the MLS® Systems of real estate Boards and Associations and other cooperative listing systems in Canada rose 3.6 per cent on a month-over-month basis in May 2013, its largest monthly gain in almost two and a half years.
Read the whole story …
Jun 12, 2013 | CREA/OREA/RECO News |
CREA Survey Winners and REALTOR® Action Network (more…)
Jun 12, 2013 | CREA/OREA/RECO News |
The Canadian Real Estate Association’s Political Action Committee (PAC) Days draws REALTORS® and association executives from across the country to Ottawa to meet their local MP on issues important to the real estate industry. 2013 PAC Days were held April 29 and 30, 2013. (more…)
May 15, 2013 | CREA/OREA/RECO News |
According to statistics released by The Canadian Real Estate Association (CREA), national home sales edged up slightly on a month-over-month basis in April 2013. Activity has generally held to within short reach of current levels for the past nine months.
Highlights:
- National home sales rose 0.6% from March to April.
- Actual (not seasonally adjusted) activity came in 3.1% below levels in April 2012.
- The number of newly listed homes fell 0.9% from March to April.
- The Canadian housing market remains firmly in balanced territory.
- The national average sale price rose 1.3% on a year-over-year basis in April.
- The MLS® HPI rose 2.2% in April, its smallest gain in more than two years.
The number of home sales processed through the MLS® Systems of real estate Boards and Associations and other cooperative listing systems in Canada edged 0.6 per cent higher on a month-over-month basis in April 2013. Click here for complete details.
Apr 10, 2013 | CREA/OREA/RECO News |
What happened at the CREA AGM?
- Rate Your REALTOR® didn’t rate very highly for CREA members at the CREA AGM – the motion to create a Rate Your REALTOR® site was defeated.
- An alternative to New Co – the separate MLS® corporation – was approved. This alternative will, through CREA Bylaw and policy amendments, remove a few layers of bureaucracy currently in the technical development area of CREA; those amendments will speed up and improve decision-making for major technology development. The Bylaw and policy changes will be prepared and presented at the fall Assembly meeting.
The CREA Technical Peer Group (TPG) met just prior to the CREA AGM. Two projects are ongoing: work on a new platform for REALTOR Link® is progressing and improvements to REALTOR.ca are in a beta testing phase, with the expectation it will go live in a few months.
New CREA Television Ads
Have you seen the new CREA TV ads yet? Check them out on REALTOR Link®>CREA>National Ad Campaign>Television Commercials.
Mar 15, 2013 | CREA/OREA/RECO News |
According to statistics released by The Canadian Real Estate Association (CREA), national home sales activity edged back down on a month-over-month basis in February 2013 following an increase in January.
Highlights:
- National home sales declined 2.1% from January to February.
- Actual (not seasonally adjusted) activity came in 15.8% below levels in February 2012.
- The number of newly listed homes fell 1.2% from January to February.
- The Canadian housing market remains firmly in balanced territory.
- The national average sale price was down 1% on a year-over-year basis in February.
- The MLS® HPI rose 2.7% in February, the smallest gain since March 2011.
Read the complete release here.
Mar 11, 2013 | CREA/OREA/RECO News |
CREA has enhanced their health and dental program for CREA members. A brochure with more information will be sent to your office in the coming weeks – watch for it!
Feb 15, 2013 | 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 January 2013. National sales activity has held fairly steady after gearing down last August in the wake of tightened mortgage lending rules.
Highlights:
- National home sales rose 1.3% from December to January.
- Actual (not seasonally adjusted) activity came in 5.2% under levels in January 2012.
- The number of newly listed homes rose 1.6% from December to January.
- The Canadian housing market remains firmly in balanced territory.
- National average sale price was up 2% year-over-year in January.
- The MLS® HPI rose 3.1% in January, the smallest gain since April 2011.
Click here for more information.
Feb 12, 2013 | CREA/OREA/RECO News |
Electronic signatures are coming to WEBForms (more…)
Jan 16, 2013 | CREA/OREA/RECO News |
According to statistics released by The Canadian Real Estate Association (CREA), national home sales activity was little changed on a month-over-month basis in December 2012, holding it in line with levels reported in August when demand first geared down in the wake of tighter mortgage lending rules.
Highlights:
• National home sales edged 0.5% lower from November to December.
• Actual (not seasonally adjusted) activity down 17.4% from December 2011.
• Number of newly listed homes dropped 1.3% from November to December.
• Canadian housing market remains firmly in balanced territory.
• National average sale price up 1.6% year-over-year in December.
• MLS® HPI up 3.3% in December, the smallest gain since April 2011.
Read the story here.
Jan 9, 2013 | CREA/OREA/RECO News |
The annual elections for the CREA Board of Directors will be held in conjunction with the 2013 Annual General Meeting, scheduled for March 23, 2013. Qualified REALTORS® are encouraged to run for a position on the Board of Directors. (more…)
Dec 17, 2012 | CREA/OREA/RECO News |
According to statistics released by The Canadian Real Estate Association (CREA), national home sales activity edged back down in November 2012 on a month-over-month basis, returning to where it stood in August. Demand geared down in August in the wake of tighter mortgage lending rules, and has since been running about eight per cent below levels in the first half of the year.
Highlights:
- Home sales down 1.7% from October to November.
- Actual (not seasonally adjusted) activity down 11.9% from November 2011.
- Number of newly listed homes down 0.9% from October to November.
- Housing market remains firmly in balanced territory.
- National average price for home sales down 0.8% on a year-over-year basis in November.
- MLS® HPI up 3.5% in November, marking its smallest gain since May 2011.
The Canadian Real Estate Association (CREA) has also updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards and Associations in 2012 and 2013.
When CREA’s resale housing forecast was published in September, activity showed the first signs of slowing in the wake of new mortgage lending regulations. Demand has remained at lower levels, and this trend is expected to persist through the end of the year. Lower than projected third quarter sales have downgraded the prospects for activity this year in almost every province.
