October brought a healthy 30% jump (year over year) in Canadian home sales, and November more or less followed suit. The latest statistics from the Canadian Real Estate Association (CREA), released Monday morning, show that actual, non-seasonally adjusted sales ended last month 26% above the year-ag...| STOREYS
After dipping in December, Canadian home sales continued to underperform in January. Meanwhile, listings unexpectedly jumped 11% — the biggest monthly increase since the late 1980s, outside of the pandemic.According to the Canadian Real Estate Association's (CREA) January stats package, home sales w...| STOREYS
While Toronto and the wider Greater Toronto Area's (GTA) resale market began showing signs of life in October, data from the Building Industry and Land Development Association (BILD) shows new homes sales remained "notably low."In total, there were 765 new home sales recorded in Toronto and the GTA,...| 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
After a supply surge allowed for relatively high sales activity in October and November, Canadian home sales "dipped" in December, according to the Canadian Real Estate Association's (CREA) final statistics package of 2024. Still, we're doing better than we once were.Month over month, overall nation...| STOREYS
New sales data shows Toronto's housing market is finally starting to wake up just in time for winter.According to the Toronto Regional Real Estate Board (TRREB), October homes sales in the GTA increased on both a monthly and yearly basis, while new listings ticked up at a lower rate than last year.“...| STOREYS
The Bank of Canada's interest rate cuts seem to have finally made an impact, according to the Greater Vancouver and Fraser Valley real estate boards.| STOREYS