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Bank of Canada keeps interest rates on hold

The Bank said that the heightened uncertainty around the global economic outlook had decreased in the weeks since the Bank released its January Monetary Policy Report (MPR). That said, the global economy is still expected to grow at a pace below its long-term average owing to deleveraging in advanced economies…




Alberta expected to lead Canadian growth in home sales

CALGARY – Alberta home sales are poised to show the biggest year-over-year gains in Canada over the next two years, according to the Canadian Real Estate Association. In a report Monday, CREA said MLS sales in the province would grow by 6.8 per cent this year to 57,400 and by another 1.7 per cent in 2013 to 58,400…




CREA Updates Resale Housing Forecast

OTTAWA – March 5 2012 – The Canadian Real Estate Association (CREA) has updated its quarterly forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards and Associations in 2012, and extended it to 2013…




House prices expected to ease

House sales are expected to stay steady with rising demand in Alberta, Saskatchewan, and Nova Scotia offsetting softer activity in British Columbia, Ontario, and New Brunswick. OTTAWA — Home resales are expected to rise by 0.3% this year in Canada, …




Alberta MLS sales activity to top Canada for next two years

CALGARY — Alberta MLS sales activity is forecast to show the biggest year-over-year gains in the country in the next two years, according to the Canadian Real Estate Association. In a report released Monday, CREA said MLS sales in the province would 




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