Category: CREA

January Home Sales in Canada See Lowest Level Since 2009

Home sales in January were the lowest for the month since 2009 and down 37.1 percent compared with a year ago, the Canadian Real Estate Association said Wednesday. The drop came as January sales also fell on a month-over-month basis as they dropped three percent compared with December. CREA said the move lower to start…


Canadian Real Estate Association Reports Home Sales Down in November

The Canadian Real Estate Association says seasonally adjusted homesales were down 3.3 percent on a month-over-month basis in November. The association said Thursday the move lower more than erased the gain seen in October and resumed the overall trend lower for the year. CREA said about 60 percent of all local markets saw lower sales…


Canadian Home Sales Fall for 5th Month in a Row, Down 29% From Last July: CREA

The Canadian Real Estate Association says home sales fell for the fifth consecutive month between June and July, but the latest drop was the smallest of the five. On a seasonally adjusted basis, the association says sales in July fell 5.3 percent compared with June. The actual number of sales last month was 37,975, down…