Encouraging, empowering and enabling REALTORS® in support of Canadian real estate journeys.| CREA
Discover CREA (the Canadian Real Estate Association) and its role in supporting REALTORS®, managing listings, and shaping real estate policy in Canada.| Storeys
Canadian rents continued to climb in July, though it was more of a lethargic upwards crawl. According to the July National Rent Report from Rentals.ca and Urbanation, average asking rent across all residential property types hit $2,201 last month — a 5.9% year-over-year increase and the slowest annu...| Storeys
Despite murmurings from local real estate boards that last month’s interest rate cut was largely inconsequential for housing, the Canadian Real Estate Association (CREA) is reporting "signs of renewed life" in their June statistics report.“It wasn’t a ‘blow the doors off’ month by any means,” says S...| Storeys
Understand housing supply in Canadian real estate — how it's shaped, why shortages happen, and what it means for affordability and planning.| Storeys
"Sales gains are now three for three in the months following interest rate cuts, which is a trend even though the increases weren’t headline-grabbing,” said Shaun Cathcart, CREA’s Senior Economist in the Canadian Real Estate Association's (CREA) September statistics report. The report shows that hom...| STOREYS
Learn what interest rate means in Canadian real estate, how it works in holding deposits and documents, and why it's important for a secure property transaction.| Storeys
Condo listings in the Greater Toronto Area (GTA) are up substantially from 2023 and sales are down, according to the Toronto Real Estate Board’s (TRREB) Q2 findings. Meanwhile, the region's condo rental segment is seeing plenty of demand. TRREB President Jennifer Pearce explained in a release that w...| STOREYS
The Bank of Canada (BoC) lowered its policy interest rate on Wednesday, bringing it down to 4.5% — a level it hasn't been at since the early days of June 2023. This latest move from the central bank marks the second cut of a cycle that began back in March 2022, and saw rates raised sharply on 10 occ...| STOREYS