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Canadian Home Sales Spiked in October

Canadian Home Sales Spiked in October

by Phil Hall | Nov 15, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

October was a very productive month for Canada’s housing market, with a boost in sales despite a decline in new listings. According to new data from the Canadian Real Estate Association (CREA), home sales activity recorded over Canadian MLS Systems in October spiked...
Realtor.ca to Become For-Profit Platform

Realtor.ca to Become For-Profit Platform

by Phil Hall | Oct 24, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The membership of the Canadian Real Estate Association’s (CREA) has voted to transition Realtor.ca into a for-profit subsidiary of the organization. Realtor.ca holds a 50% market share in Canada. According to CREA, Realtor.ca will now be able to pursue new revenue...
Competition Bureau Begins Probe into Canadian Real Estate Association

Competition Bureau Begins Probe into Canadian Real Estate Association

by Phil Hall | Oct 3, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Competition Bureau, the independent law enforcement agency in charge of regulating competition in Canada, has obtained a court order to advance its investigation into potential anti-competitive conduct by the Canadian Real Estate Association (CREA) related to...
Canadian Home Sales Dip Slightly Despite More Listings

Canadian Home Sales Dip Slightly Despite More Listings

by Phil Hall | Aug 19, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Home sales across Canada during July were down by 0.7% month-over-month but were also up 4.8% from one year earlier, according to the Canadian Real Estate Association (CREA). Monthly changes in sales activity were generally small in the larger urban centers, with...
Canadian Home Sales Inched Up in March

Canadian Home Sales Inched Up in March

by Phil Hall | Apr 12, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Home sales across Canada were up by 0.5% from February to March, according to data from the Canadian Real Estate Association, while actual (not seasonally adjusted) monthly activity was up by 1.7% from one year. The number of newly listed properties declined 1.6%...
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