Category Archives: Market News

Canadian resale housing activity stable in October

According to statistics released today by The Canadian Real Estate Association (CREA), national home sales activity and average price were little changed in October 2012. Highlights: Home sales little changed (-0.1%) from September to October. Actual (not seasonally adjusted) activity down 0.8% from October 2011. Number of newly listed homes down 3.8% from September to […]

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Three new downtown condo project

 Three major new condo developments will launch over the next two weeks — including the tallest buildings to hit Toronto’s waterfront — as developers brace for the ultimate test of the state of the condo market. The projects will be far more than just glass-and-steel towers. They will be giant thermometers providing a quick reading […]

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Canadian home sales remain at lower levels in September

Ottawa, ON, October 15, 2012 – According to statistics released today by The Canadian Real Estate Association (CREA), national resale housing activity rebounded slightly in September 2012, marking the first monthly increase since the spring. Highlights: Home sales up 2.5% from August to September. Actual (not seasonally adjusted) activity down 15.1% from September 2011. Number […]

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