Ottawa, ON (October 27, 2017) – The Canadian Real Estate Association (CREA) today announced that Michael Bourque has accepted the role of Chief Executive Officer (CEO), effective later this year. “On behalf of CREA’s Board of Directors, we are delighted Michael...
OSFI Announcement of Change to Mortgage Underwriting – October 17, 2017 The Office of the Superintendent of Financial Institutions (OSFI) announced new restrictions on uninsured mortgages today. Effective January 1, 2018, all home-buyers with a down-payment of...
Ottawa, ON, October 13, 2017 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales in September rose modestly from the previous month but remained down from levels recorded one year ago. Highlights: National home...
Expanding Regional Economies to Lift Home Prices in Canada’s Major Markets October 12, 2017 Shorter than anticipated housing market correction puts Toronto back on track Highlights: Toronto to have a shorter housing correction than seen in Vancouver Tighter access to...
BC Home Sales Ratchet Higher in September Vancouver, BC – October 12, 2017. The . The British Columbia Real Estate Association (BCREA) reports that a total of 8,340 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in September, an increase...