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REALTORdotca Team Équipe de REALTOR.ca /     Finding a home, hiring a mover, officially moving in: there are many portions of the home buying process to manage simultaneously, and numerous small details that are easy to overlook. Juggling all of the moving pieces can feel overwhelming, especially when factoring in family, pets, and everything in between!  Whether your...

REALTORdotca Team Équipe de REALTOR.caYou consider price, location, commute time, and school districts when house hunting, but have you thought about adding climate and weather-related risks to your list? Heat waves, severe flooding, violent hailstorms, tornadoes, rising sea levels, raging wildfires—these extreme weather events all present major challenges for Canadians, including those in the market...

By The Numbers      Interest rates are expected to continue to be the major factor affecting Canadian housing markets into 2024 and 2025, according to CREA’s latest quarterly forecast. Many Canadian housing markets have been quiet since the Bank of Canada’s summer rate hikes last year. Interest rates have been the major factor affecting markets over the last few years, and this is expected...

Janice MyersCREA News This article originally appeared in Real Estate Magazine (REM) on Wednesday, March 27, 2024.I’ve been CEO at the Canadian Real Estate Association (CREA) for three months. While I still consider myself new to the role, I have been leading real estate boards and associations in different provinces for more than two decades, giving me a front row seat to this evolving...

CREA Stats Team Équipe des statistiques de l’ACIBy The Numbers The Bank of Canada decided to maintain its target for the overnight lending rate at 5%. The move was widely expected by financial markets and marked the Bank’s sixth consecutive hold after two interest rate hikes last summer.In a scheduled announcement on Wednesday, April 10, 2024, the Bank noted that while Canada’s economy had...

Matt Day / March 28, 2024 By The Numbers Canadian home prices were unchanged month-over-month in February, but don’t let that fool you into thinking there’s nothing noteworthy going on behind the scenes. First, to fully understand the current state of Canadian real estate markets, it’s important to note that home prices as measured by the seasonally adjusted...