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Edmonton Real Estate News

Canadian home sales hold steady in July

Posted on August 15, 2012

According to statistics released today by The Canadian Real Estate Association (CREA), national resale housing activity remained stable from June to July 2012. Prices are off their recent peaks in Greater Vancouver and Greater Toronto, but remain abo...
The Bank of Canada kept its overnight rate target at 1 per cent on July 17th, 2012. Borrowing costs have been unchanged at this level since September 2010. The text accompanying the announcement reiterated many of the same points that were in the Ju...

Canadian home sales edge lower in June

Posted on July 16, 2012

According to statistics released today by The Canadian Real Estate Association (CREA), national resale housing activity edged lower on a month-over-month basis in June 2012. Price gains remained strong in Toronto, continued slowing in Greater Vancouv...

MLS® HPI trends vary by region in May

Posted on June 22, 2012

According to statistics released today by The Canadian Real Estate Association (CREA), the MLS® Home Price Index, the leading measure of Canadian home prices, increased in May 2012. The MLS® Home Price Index (MLS® HPI) rose 5.2 per cent from Apri...

CREA Updates Resale Housing Forecast

Posted on June 15, 2012

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 for  2012 and 2013. CREA’s previous forecast predicted...
According to statistics released today by The Canadian Real Estate Association (CREA), national resale housing activity softened in May 2012 compared to April. Sales over MLS® Systems of real estate Boards and Associations in Canada declined by 3.1...
In response to the Department of Finance announcement on changes to mortgage regulations earlier today, the Canadian Real Estate Association’s President Wayne Moen issued the following statement: We believe today’s announcement is a measured res...
The Bank of Canada kept its trend-setting Bank Rate at 1.25 per cent on June 5th, 2012. It was the 14th consecutive policy meeting in which borrowing costs have been left unchanged. While the text accompanying the announcement left the door open to...
According to statistics released today by The Canadian Real Estate Association (CREA), the MLS® Home Price Index, the leading measure of Canadian home prices, increased in April 2012. Highlights: The Aggregate Composite MLS® Home Price Index in...
According to statistics released today by The Canadian Real Estate Association (CREA), national resale housing activity edged up by less than one per cent in April 2012. Highlights: Home sales up 0.8% from March to April. Actual (not seasonally ...