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The art and science of housing market forecasts

The art and science of housing market forecasts

Gazing into the crystal ball and forecasting where a housing market is headed is not an easy task. While certain economic fundamentals, such as GDP growth, employment, and immigration, are pillars of predicting the future, forecasters can be blindsided by unexpected...
A shift in Canada’s housing market?

A shift in Canada’s housing market?

Canadian home sales are seeing their first monthly gain since February, according to CREA. New statistics from the national association show sales increased a modest 1.3 per cent in October compared to September, though sales are down 36 per cent year-over-year. About...
CREA’s new policy goes to a vote

CREA’s new policy goes to a vote

Canada’s real estate community has reacted swiftly to CREA’s proposed policy restricting the use of “exclusive listings.” Whether it’s enacted is now up to the association’s membership.  Following a tsunami of comments and strong...
FVREB becomes latest board to make sold data public

FVREB becomes latest board to make sold data public

The Fraser Valley Real Estate Board (FVREB) is the final board in British Columbia to make historical home prices available on Realtor.ca. As of Nov. 7, consumers can access sold data on Realtor.ca for active listings in the region, except those sold within 12 months...