CREA Archives - Better Dwelling https://betterdwelling.com/tag/crea/ Canada’s Fastest Growing Real Estate News Source Thu, 14 Dec 2023 18:06:26 +0000 en-US hourly 1 https://i0.wp.com/betterdwelling.com/wp-content/uploads/2016/07/cropped-better-dwelling-flower-logo.png?fit=32%2C32&ssl=1 CREA Archives - Better Dwelling https://betterdwelling.com/tag/crea/ 32 32 64691831 Canadian Real Estate Sellers Rush For The Exit, Softest Month Since 2008 https://betterdwelling.com/canadian-real-estate-sellers-rush-for-the-exit-softest-month-since-2008/ https://betterdwelling.com/canadian-real-estate-sellers-rush-for-the-exit-softest-month-since-2008/#comments Thu, 14 Dec 2023 18:06:23 +0000 https://betterdwelling.com/?p=24443 Canadian real estate just put an end to any doubt the bubble still has a little life in it. Canadian Real Estate Association (CREA) data shows home prices fell further in November. Soft sales and rising inventory continue to apply downward pressure on values. Owners rushing to sell at an unusual time helped drive the […]

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]]> https://betterdwelling.com/canadian-real-estate-sellers-rush-for-the-exit-softest-month-since-2008/feed/ 1 24443 Class Action Against Toronto Real Estate Industry Price Fixing Gets Approved https://betterdwelling.com/class-action-against-toronto-real-estate-industry-price-fixing-get-approved/ https://betterdwelling.com/class-action-against-toronto-real-estate-industry-price-fixing-get-approved/#comments Wed, 27 Sep 2023 18:36:30 +0000 https://betterdwelling.com/?p=24053 Canadian real estate agents may be in for a significant change to their paycheque. Two years ago, a class action was launched alleging real estate sale commissions are price-fixed in Greater Toronto. This week, industry defendants had their attempts to dismiss the case come to an end. A federal judge just determined the class action […]

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]]> https://betterdwelling.com/class-action-against-toronto-real-estate-industry-price-fixing-get-approved/feed/ 1 24053 Canadian Real Estate Prices Lose Steam As Inventory Pops Higher https://betterdwelling.com/canadian-real-estate-prices-lose-steam-as-inventory-pops-higher/ https://betterdwelling.com/canadian-real-estate-prices-lose-steam-as-inventory-pops-higher/#comments Fri, 14 Jul 2023 17:25:17 +0000 https://betterdwelling.com/?p=23642 Canadian real estate’s brief bounce is beginning to fade. Canadian Real Estate Association (CREA) data shows existing home sales climbed in June, with prices also climbing. However, price growth is notably decelerating at a rapid rate, with new inventory now outpacing sales.  Canadian Real Estate Prices Are Showing Signs Of Fatigue Canadian real estate prices […]

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]]> https://betterdwelling.com/canadian-real-estate-prices-lose-steam-as-inventory-pops-higher/feed/ 13 23642 Canadian Real Estate Now In The Deepest Correction Since The 90s, Prices Back To Mid-2021 https://betterdwelling.com/canadian-real-estate-now-in-the-deepest-correction-since-the-90s-prices-back-to-mid-2021/ https://betterdwelling.com/canadian-real-estate-now-in-the-deepest-correction-since-the-90s-prices-back-to-mid-2021/#comments Wed, 15 Feb 2023 19:44:40 +0000 https://betterdwelling.com/?p=22956 Canadian real estate is still moving lower, but it’s still a long way from correcting the recent boom. Canadian Real Estate Association (CREA) data shows the price of a benchmark, or typical, home fell once again in January. Home prices have now rolled back more than a year’s worth of gains. Canadian Real Estate Prices […]

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]]> https://betterdwelling.com/canadian-real-estate-now-in-the-deepest-correction-since-the-90s-prices-back-to-mid-2021/feed/ 9 22956 Canadian Real Estate Prices Haven’t Dropped This Fast Since 2009 https://betterdwelling.com/canadian-real-estate-prices-havent-dropped-this-fast-since-2009/ https://betterdwelling.com/canadian-real-estate-prices-havent-dropped-this-fast-since-2009/#comments Tue, 17 Jan 2023 04:04:21 +0000 https://betterdwelling.com/?p=22764 Canadian real estate prices are falling and fast—in fact, a drop of this size hasn't been seen since in over a decade.

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]]> https://betterdwelling.com/canadian-real-estate-prices-havent-dropped-this-fast-since-2009/feed/ 1 22764 The Canadian Real Estate Industry’s Forecast Expectations Are Crashing https://betterdwelling.com/the-canadian-real-estate-industrys-forecast-expectations-are-crashing/ https://betterdwelling.com/the-canadian-real-estate-industrys-forecast-expectations-are-crashing/#comments Mon, 16 Jan 2023 16:30:14 +0000 https://betterdwelling.com/?p=22747 Expectations from Canada’s largest real estate bulls are crashing. The Canadian Real Estate Association (CREA), the organization that oversees Realtors, released its latest quarterly forecast for home prices in 2023. Most markets are now forecast to see home prices contract this year, but that’s not the biggest takeaway. Expectations from the industry rapidly collapsed as […]

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]]> https://betterdwelling.com/the-canadian-real-estate-industrys-forecast-expectations-are-crashing/feed/ 15 22747 Canadian Detached Home Prices Are Plummeting, Here Are The Hardest Hit Markets https://betterdwelling.com/canadian-detached-home-prices-are-plummeting-here-are-the-hardest-hit-markets/ https://betterdwelling.com/canadian-detached-home-prices-are-plummeting-here-are-the-hardest-hit-markets/#comments Tue, 03 Jan 2023 17:43:42 +0000 https://betterdwelling.com/?p=22632 Canadian real estate is in the middle of a price correction, and single-family homes have been hit hardest. Canadian Real Estate Association (CREA) data shows single-family homes, which include detached and semi-detached units, saw prices fall sharply in November. Virtually every market is now off its all time high, with the worst performing down nearly […]

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]]> https://betterdwelling.com/canadian-detached-home-prices-are-plummeting-here-are-the-hardest-hit-markets/feed/ 25 22632 Canadian Real Estate Prices Have Officially Crashed In 18 Markets https://betterdwelling.com/canadian-real-estate-prices-have-officially-crashed-in-18-markets/ https://betterdwelling.com/canadian-real-estate-prices-have-officially-crashed-in-18-markets/#comments Thu, 29 Dec 2022 18:28:29 +0000 https://betterdwelling.com/?p=22588 Canadian real estate markets went from boom to crash in less than a year. Canadian Real Estate Association (CREA) data shows every major composite index was down from its peak in November. Over a dozen of Canada’s real estate markets have even “crashed” as a sharp mix of reality and higher interest rates sink in.  […]

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]]> https://betterdwelling.com/canadian-real-estate-prices-have-officially-crashed-in-18-markets/feed/ 32 22588 Canadian Real Estate Prices Are Down $142k As Demand Drops Faster Than Supply https://betterdwelling.com/canadian-real-estate-prices-are-down-142k-as-demand-drops-faster-than-supply/ https://betterdwelling.com/canadian-real-estate-prices-are-down-142k-as-demand-drops-faster-than-supply/#comments Thu, 15 Dec 2022 16:48:12 +0000 https://betterdwelling.com/?p=22491 Canadian real estate has entered a deep freeze ahead of the declining winter market. CREA data shows a benchmark, or typical home, saw prices fall in November. Weak sales combined with healthier inventory has brought prices significantly lower. A typical home across Canada has now dropped over $140k in just a few short months. Canadian […]

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]]> https://betterdwelling.com/canadian-real-estate-prices-are-down-142k-as-demand-drops-faster-than-supply/feed/ 11 22491 Canadian Real Estate Prices Slip Once Again, Worst October For Sales Since 2010 https://betterdwelling.com/canadian-real-estate-prices-slip-once-again-worst-october-for-sales-since-2010/ https://betterdwelling.com/canadian-real-estate-prices-slip-once-again-worst-october-for-sales-since-2010/#comments Tue, 15 Nov 2022 17:59:53 +0000 https://betterdwelling.com/?p=22282 Canadian real estate found its footing last month, according to the industry. However, Canadian Real Estate Association (CREA) data tells a completely different story in the October numbers. Yes, seasonally adjusted home sales were higher than the month before, but it was still the worst October since the Global Financial Crisis. Home prices also saw […]

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