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Canadian home sales edge up in August

Canadian home sales edge up in August

Ottawa, ON, September 15, 2017 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales posted a small gain in August 2017. Highlights: National home sales rose 1.3% from July to August. Actual (not seasonally...
CREA Lowers National Resale Housing Market Forecast

CREA Lowers National Resale Housing Market Forecast

Ottawa, ON, September 15, 2017 – The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards and Associations in 2017 and 2018. Housing market trends...

BC Home Sales Robust and Unchanged in August

BC Home Sales Robust and Unchanged in August Vancouver, BC – September 14, 2017. The British Columbia Real Estate Association (BCREA) reports that a total of 9,162 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in August, an increase of...

Bank of Canada Interest Rate Decision

  Bank of Canada Interest Rate Decision – September 6, 2017 The Bank of Canada announced this morning that it is raising its target for the overnight rate by 25 basis points to 1 per cent. In the press release accompanying the decision, the Bank noted that...

Housing Demand Continues to Outpace Supply

Housing Demand Continues to Outpace Supply KELOWNA, B.C. – September 5, 2017. Residential sales in the Okanagan region of Peachland to Revelstoke cooled slightly in August to 882, an 8% drop from July sales of 961 posted to the Multiple Listing Service (MLS®) and 14%...