Finally, a better, quicker yardstick for home prices
The Canadian Real Estate Association has finally improved its calculation of average home prices so they can no longer be yanked wildly off course by changes in the mix of high-priced or low-priced...
View ArticleHome prices: Montreal’s stable, Toronto up, Vancouver down
The latest message on home prices in big Canadian cities is that they’ve edged down just slightly over the past six months, with the exceptions of Toronto, where prices keep rising modestly, and...
View ArticleMontreal board delays CREA divorce
The Greater Montreal Real Estate Board agreed Friday to put off a decision to separate from its national association, following a split vote by members. About 40 per cent of the 3,453 participating...
View ArticleQuebec warns feds against new crackdown on mortgage rules
Parti Québécois Finance Minister Nicolas Marceau warned his federal counterpart Monday that any further tightening of the rules on insured mortgages would have “negative consequences” for Quebec’s...
View ArticleCanadian home price gains lifted by Toronto, Vancouver
Sales and prices for existing Canadian homes beat expectations this year, with the real estate market expected to grow further in 2014, the Canadian Real Estate Association said Monday. But once again,...
View ArticleReal estate association lowers 2015 forecast to reflect lower oil prices
OTTAWA The Canadian Real Estate Association is predicting that the impact of declining oil prices on consumer confidence in some provinces will push down Canadian home sales by 1.1 per cent this year,...
View ArticleWhat can you get for $350,000 in Montreal?
This is the first in a two-part series looking at family homes on the market for around $350,000. Condominiums are not included in the mix. This week, we stay on the island of Montreal. Next week, we...
View ArticleQuebec home sales — and prices — are on the rise, CREA says
Home sales in Quebec are set to rebound this year after a sluggish 2014, the Canadian Real Estate Association says. In its quarterly forecast issued Tuesday, CREA says sales in Quebec should increase...
View ArticleCanadian Real Estate Association says home sales volume down 1.3% in July
OTTAWA — The Canadian Real Estate Association says July marked the third consecutive month of fewer housing sales. The association says the number of transactions fell 1.3 per cent nationally between...
View ArticleReal estate association lowers 2015 forecast to reflect lower oil prices
OTTAWA The Canadian Real Estate Association is predicting that the impact of declining oil prices on consumer confidence in some provinces will push down Canadian home sales by 1.1 per cent this year,...
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