Entries by Keith Watts

Home sales lower but remain strong in July

Fri, 08/14/2015 – 09:00 Ottawa, ON, August 14, 2015 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales activity edged slightly lower on a month-over-month basis in July 2015. Highlights: • National home sales edged back by 0.4% from June to July. • Actual (not seasonally adjusted) activity […]

CREA to Restore Strength of Home Buyers’ Plan

Wed, 08/12/2015 – 13:00 Ottawa, ON, August 12, 2015 – The Canadian Real Estate Association (CREA), on behalf of its 110,00 REALTOR® members across the country, welcomes today’s announcement by Prime Minister Stephen Harper to increase the Home Buyers’ Plan (HBP) withdrawal limit from $25,000 to $35,000. Ottawa, ON, August 12, 2015 – The Canadian […]

Bank of Canada cuts rate

Thu, 07/16/2015 – 13:30 The Bank of Canada announced on July 15th, 2015 that it was lowering its trend-setting target overnight lending rate from 0.75 per cent to 0.50 per cent. The move follows another cut of the same size in January. The Bank of Canada announced on July 15th, 2015 that it was lowering […]

Home sales lower but remain strong in June

Wed, 07/15/2015 – 09:00 Ottawa, ON, July 15, 2015– According to statistics released today by The Canadian Real Estate Association (CREA), national home sales activity edged slightly lower on a month-over-month basis in June 2015. Highlights: National home sales edged back by 0.8% from May to June. Actual (not seasonally adjusted) activity stood 11% above […]

Canadian home sales strengthen further in May

Mon, 06/15/2015 – 09:00 Ottawa, ON, June 15, 2015 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales activity posted a fourth consecutive month-over-month increase in May 2015. Highlights: National home sales rose 3.1% from April to May. Actual (not seasonally adjusted) activity stood 2.7% above May 2014 […]