Canadian home sales rise in October

Posted by on Nov 15, 2016 in CREA News

Canadian home sales rise in October

Ottawa, ON, November 15, 2016 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales were up on a month-over-month basis in October 2016. Highlights: National home sales rose 2.4% from September to October. Actual (not seasonally adjusted) activity was up 2.0% year-over-year (y-o-y) in October 2016. The number of newly listed homes edged up 1.7% from September to October. The MLS® Home Price Index (HPI) in October was up...

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The Canadian Real Estate Association Achieves Excellence Canada Gold Level Certification

Posted by on Oct 31, 2016 in CREA News

The Canadian Real Estate Association Achieves Excellence Canada Gold Level Certification

Ottawa, ON, October 27, 2016 — The Canadian Real Estate Association (CREA) is pleased to announce that it has achieved Gold Level certification in the Excellence, Innovation and Wellness (EIW) Standard of Excellence Canada. Key attributes of a Gold level certification include an organization-wide focus on excellence, innovation and wellness issues; meeting and exceeding strategic goals; positive results achieved across all areas/departments of the organization; and...

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Bank of Canada keeps rates on hold, lowers growth outlook

Posted by on Oct 20, 2016 in CREA News

Bank of Canada keeps rates on hold, lowers growth outlook

The Bank of Canada announced on October 19th, 2016 that it was keeping its trend-setting target overnight lending rate at 0.5 per cent. The announcement and accompanying Monetary Policy Report (MPR) indicated that: Canadian economic growth will be lower than previously expected, “due in large part to slower near-term housing resale activity and a lower [growth] trajectory for exports.” The economy is now on track to “[return] to full capacity around mid-2018,” which is...

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Canadian home sales edge up in September

Posted by on Oct 14, 2016 in CREA News

Canadian home sales edge up in September

Ottawa, ON, October 14, 2016 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales edged slightly higher in September 2016 compared to August. Highlights: National home sales edged up 0.8% from August to September. Actual (not seasonally adjusted) activity in September rose 4.2% year-over-year (y-o-y). The number of newly listed homes ticked up 0.5% from August to September. The MLS® Home Price Index (HPI) in September...

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Canadian home sales decline further in August

Posted by on Sep 15, 2016 in CREA News

Canadian home sales decline further in August

Ottawa, ON, September 15, 2016 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales declined for a fourth consecutive month in August 2016. Highlights: National home sales fell 3.1% from July to August. Actual (not seasonally adjusted) activity came in 10.2% above August 2015. The number of newly listed homes declined 2.7% from July to August. The MLS® Home Price Index (HPI) rose 14.7% year-over-year in August. The...

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