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Edmonton Real Estate News

Canadian home sales pull back in January

Posted on February 15, 2012

According to statistics released today by The Canadian Real Estate Association (CREA), national resale housing activity retreated in January 2012 from the strong finish reported for December 2011. Highlights: Home sales were down 4.5% from Decemb...

Bank of Canada keeps interest rates on hold

Posted on January 17, 2012

The Bank of Canada kept its trend-setting Bank Rate at 1.25 per cent on January 17th, 2012. This marks the 11thconsecutive policy meeting in which borrowing costs have been left unchanged. While recognizing that the outlook for the global economy ha...

Canadian home sales edge higher in December

Posted on January 16, 2012

According to statistics released today by The Canadian Real Estate Association (CREA), national resale housing activity posted an increase from November to December 2011. Highlights: Sales activity rose 1.8 per cent from November to December. An...

Canadian home sales edge higher in November

Posted on December 16, 2011

According to statistics released today by The Canadian Real Estate Association (CREA), national resale housing activity rose slightly in November 2011 from the previous month. Highlights: Sales activity rose slightly (+0.5 per cent) from Octobe...

CREA Updates Resale Housing Forecast

Posted on November 15, 2011

The Canadian Real Estate Association (CREA) has made a small revision to its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards and Associations for 2011 and 2012. Activity came in broa...

Canadian home sales edge higher in October

Posted on November 14, 2011

According to statistics released today by The Canadian Real Estate Association (CREA), national resale housing activity picked up a little further in October 2011 following the uptick in September. Highlights: Sales activity rose in October, mark...
Ottawa, ON, November 3, 2011 – The President of the Canadian Real Estate Association (CREA), Gary Morse, today welcomed the decision of the Competition Tribunal to grant CREA leave to intervene in the proceedings the Commissioner of Competition ha...

Interest rates to remain on hold for longer

Posted on October 28, 2011

The Bank of Canada kept its trend-setting Bank Rate at 1.25 per cent on October 25, 2011. This marks the ninth consecutive announcement in which interest rates have been held steady. The tone of the accompanying statement was very dovish, with the B...

Canadian home sales pick up in September

Posted on October 17, 2011

According to statistics released today by The Canadian Real Estate Association (CREA), national resale housing activity picked up in September 2011.   Highlights: Sales activity rose 2.7 per cent in September from the previous month. Holding i...

Canadian home sales hold steady in August

Posted on September 15, 2011

OTTAWA – September 15, 2011 – According to statistics1 released today by The Canadian Real Estate Association (CREA), national resale housing activity in August 2011 remained stable for the second consecutive month. Highlights:• Sales activit...