Canadian home sales at five-year low in May

Ottawa, ON, June 15, 2018 – Statistics released today by The Canadian Real Estate Association (CREA) show national home sales were little changed from April to May 2018. Highlights: National home sales edged down 0.1% from April to May. Actual (not seasonally adjusted) activity was down 16.2% from May 2017. The number of newly listed... View More >

CREA partners with Local Logic to deliver an enhanced search experience for Canadian home buyers

Neighbourhood Data for 300,000+ Property Listings Reduces Buyer Uncertainty   Montreal, Quebec — June 8, 2018 – Today, Local Logic announces a new partnership with The Canadian Real Estate Association (CREA), through which it will provide property-specific, neighbourhood data for, Canada’s largest real-estate website. “We are very excited to be collaborating with one of... View More >

Bank of Canada keeps rates on hold in May – next hike likely coming in July

In line with financial market expectations, the Bank of Canada announced on May 30, 2018 it was keeping its trend-setting overnight lending rate unchanged at 1.25%. The economy continues to unfold largely as expected. Inflation is close to the 2% target, a little higher than the Bank had projected back in April. That said, the... View More >