Crea

Sunny Freeman

What We Don't Know About Canada's Housing Market Could Sink Us

HuffingtonPost.com | Sunny Freeman | Posted 08.07.2014 | Canada Business

Is Canada in a major housing bubble? Without crucial data that lenders and government are withholding, it’s practically impossible to tell. In this ...

This City Has Seen House Prices Nearly Triple In 9 Years

The Huffington Post Canada | Daniel Tencer | Posted 06.16.2014 | Canada Business

House prices in Canada leapt by an average of 7.1 per cent over the past year, driven largely by increases in Toronto and Vancouver, the Canadian Real...

Average House Price Blasts Through $400K Mark

CP | The Canadian Press | Posted 06.15.2014 | Canada Business

TORONTO - The Canadian Real Estate Association says the number of homes sold last month was up 4.9 per cent compared with the same month last year, bu...

Outrageous House Price Growth

The Huffington Post Canada | Posted 03.17.2014 | Canada Business

Some economists are calling it a “soft landing,” because sales volumes have fallen and aren’t coming back up, but house prices in Canada showed ...

Look How Much House Prices Have Soared

CP | The Canadian Press | Posted 02.15.2014 | Canada Business

OTTAWA - The national average house sale price rose 9.8 per cent on a year-over-year basis in November, the Canadian Real Estate Association said, whi...

What's Happening to Housing Statistics in Canada?

Win Wachsmann | Posted 02.01.2014 | Canada British Columbia
Win Wachsmann

Over the past few weeks the various media have inundated us with housing projections, prophecies and prognostications. The housing market is going up -- or going down! (compared to what?) What do those headlines even mean? Are housing starts up? Are housing prices up? Are the number of homes sold up? Or are more and more people building and living in concrete high rises?

What $390,000 Will Buy You Across The Country

The Huffington Post Canada | Posted 11.30.2013 | Canada Business

That old golden rule of real estate -- location, location, location -- is probably more true in Canada than just about anywhere else. From frighten...

Affordability Deteriorating

CP | Julian Beltrame, The Canadian Press | Posted 01.27.2014 | Canada Business

OTTAWA - Higher prices and an increase in mortgage rates have made home affordability more of a problem for the average Canadian family, says a new re...

House Prices Spike

CP | Julian Beltrame, The Canadian Press | Posted 01.23.2014 | Canada Business

OTTAWA - Canadian home resales dipped last month for the first time since February in what many see as a signal that a so-called correction in the hou...

Ex-MP: Canadian Housing Data A ‘Fraud'

The Huffington Post Canada | Daniel Tencer | Posted 10.29.2013 | Canada Business

A former member of Parliament has suggested data on Canadian housing markets should be regulated the way data on financial markets is regulated. Ga...

Setting the Real Estate Record Straight

Ross Kay | Posted 11.30.2013 | Canada Business
Ross Kay

On Sept 20th the Huffington Post produced an article, citing my research, about one of the most important sectors of the Canadian economy, that being the resale housing sector. The article reported on "claimed" errors currently taking place with national resale housing data. I'd like to correct these errors.

Our "Phantom Listings" Are Based on Ghost Evidence

Gregory Klump | Posted 11.24.2013 | Canada Business
Gregory Klump

The Canadian Real Estate Association has concerns with the Huffington Post article about "phantom listings" on MLS Systems of Real estate Boards and Associations, specifically, allegations made by a third party that duplicate listings inflate monthly sales figures and average prices, as well as the figures presented as evidence of this.

Daniel Tencer

'Phantom Listings' May Be Distorting House Prices

HuffingtonPost.com | Daniel Tencer | Posted 09.20.2013 | Canada Business

A real estate consultant’s warning that housing market data in Canada is being artificially inflated has some economists and market observers wonder...

House Prices Turning Ridiculous

The Huffington Post Canada | Posted 08.15.2013 | Canada Business

Average home prices across Canada were 8.4 per cent higher in July than they were a year ago, while the number of homes sold was up 9.4 per cent over ...

Which Way Is It Headed?

CP | Alexandra Posadzki, The Canadian Press | Posted 07.15.2013 | Canada Business

Canadian home prices continued to rise in April even as year-over-year sales fell three per cent, according to the latest industry data that has left ...

CREA: Home Sales Down In January

CP | The Canadian Press | Posted 04.17.2013 | Canada Business

OTTAWA - The number of homes sold in Canada last month was down 5.2 per cent from January 2012, although about half of the country's local markets saw...

Down, Down, Down..

The Huffington Post Canada | Posted 01.15.2013 | Canada Business

Canadian home sales plunged 17.4 per cent in December compared to the month before, but prices managed to eke out a small, 1.6-per-cent increase, acco...

Canadian Housing Markets Where You Do NOT Want To Buy

The Huffington Post Canada | Posted 12.20.2012 | Canada Business

The Canadian Real Estate Association released its latest home sales data on Monday, showing a nearly 12-per-cent year-on-year drop in the number of ho...

Home Sales In A Tailspin

CP | Craig Wong, The Canadian Press | Posted 02.16.2013 | Canada Business

OTTAWA, Ont. — Canadian home sales suffered their second straight monthly decline in November and were back where they stood in August, according to...

Housing Market Stagnating: CREA

The Huffington Post Canada | Posted 11.15.2012 | Canada Business

Home sales in Canada saw continued weakness in October, with volume coming in 0.8 per cent lower than the same month a year earlier, and posting a 0.1...

New Rules Behind Housing Drop: CREA

CP | The Canadian Press | Posted 12.15.2012 | Canada Business

OTTAWA - Despite a slight recovery from August, home sales in September fell 15.1 per cent from a year ago due to tighter mortgage lending rules and a...

Vancouver Dragging Down House Prices: CREA

CBC | Posted 10.15.2012 | Canada Business

Price declines in Vancouver dragged the national average home price lower in July, even as most markets saw slight increases compared to the same mont...

June Home Prices Cool Down With A Dip

CP | The Canadian Press | Posted 09.15.2012 | Canada Business

The number of Canadian homes sold last month dropped more than four per cent from the level in June 2011, the first year-over-year decline in sales vo...

Calgary, Toronto See Another House Price Spike

CP | The Canadian Press | Posted 06.27.2012 | Canada Business

OTTAWA - Home prices crept higher in March as a slowing Vancouver market was offset by an acceleration in prices in Calgary, Toronto and Montreal, acc...

House Prices Topping Out, CREA Says

CP | Posted 03.23.2012 | Canada Business

OTTAWA - Price increases in Canada's booming housing market may be topping out, according to the latest survey by the country's largest real estate or...