514.791.9982

info@elai.ca

CREA Canadian Real Estate Association

  • CREA Welcomes Focus on Housing in Budget 2019
    by Yani Roumeliotis on March 20, 2019 at 3:32 pm

    Ottawa, ON, March 19, 2019 –  The Canadian Real Estate Association (CREA) welcomes the various measures in Budget 2019 that will help address housing affordability and provide meaningful support for Canadians.  REALTORS® have been advocating on behalf of millennials and others who aspire to homeownership but are struggling to reach their goal amid a challenging environment.... View More > […]

  • Canadian home sales drop sharply in February 2019
    by Adeyinka Ade on March 15, 2019 at 1:00 pm

    Ottawa, ON, March 15, 2019 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales dropped sharply from January to February 2019. Highlights: National home sales plummeted 9.1% month-over-month (m-o-m) in February. Actual (not seasonally adjusted) activity was down 4.4% year-over-year (y-o-y). The number of newly listed homes fell 3.2% m-o-m.... View More > […]

  • CREA Updates and Extends Resale Housing Market Forecast
    by Yani Roumeliotis on March 15, 2019 at 12:59 pm

    Ottawa, ON, March 15, 2019 – 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 2019 and extended its outlook to include 2020. While the outlook for economic growth has dimmed since CREA’s previous forecast... View More > […]

  • Bank of Canada keeps interest rates on hold and loses swagger in March
    by Sam Rees on March 6, 2019 at 10:07 pm

    In line with financial market expectations, the Bank of Canada announced on Wednesday, March 6, that it was keeping its trend-setting overnight lending rate at 1.75%. The Bank’s announcement indicated it is in no hurry to raise interest rates against the backdrop of a further slowdown in Canadian economic growth. Indeed, the Bank said it... View More > […]

  • Canadian home sales improve in January 2019
    by Adeyinka Ade on February 15, 2019 at 2:00 pm

    Ottawa, ON, February 15, 2019 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales in January 2019 were up from the previous month but remained below levels recorded one year ago. Highlights: National home sales rose 3.6% between December 2018 and January 2019. Actual (not seasonally adjusted) activity was down... View More > […]

.