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CREA News

Resale housing forecast extended to 2011
OTTAWA ? February 8, 2010 ? The Canadian Real Estate Association has revised its forecast for home sales via the MLSŽ Systems of Canadian real estate boards in 2010, and extended the forecast to 2011.With Canadian economic growth rebounding from the recession, the unusually severe decline in sales activity in early 2009 is not expected [...] $\"\"$

REALTORSŽ welcome EI benefits for Self-Employed
Ottawa ? February 1, 2010 ? On behalf of Human Resources and Skills Development Minister Diane Finley, Rob Moore, Minister of State for Small Business and Tourism, joined today with Canadian Real Estate Association (CREA) CEO Pierre Beauchamp to announce that self-employed REALTORSŽ can now participate in the Employment Insurance (EI) program.?From coast-to-coast-coast, a large [...] $\"\"$

Bank of Canada maintains interest rates
Reiterates commitment to hold until end of second quarter of 2010As was widely expected, the Bank of Canada held its benchmark overnight lending rate steady at 0.25 per cent at its setting on January 19th, 2010. The trend-setting Bank rate, which is set 0.25 percentage points above the overnight lending rate, remains at 0.5 per [...] $\"\"$

2009 resale housing market ends on a high note
Existing home sales activity reached the highest level ever for the month of December, according to statistics released by The Canadian Real Estate Association. Strong demand in the second half of 2009, especially in the fourth quarter, pushed annual sales above 2008 levels.Residential sales activity via the Multiple Listing ServiceŽ (MLSŽ) of Canadian real estate [...] $\"\"$

REALTORŽ PRIDE GOES FOR GOLD!
One month until the start of the 2010 Games and two western REALTORSŽ are ready to own the podium in Whistler.(JANUARY 12th) ? For REALTORSŽ Lyndon Rush and Bret Bresciani, there are some similarities between being a top seller and being part of Canada?s winning bobsledding team. The backbone of each profession lies with teamwork. ?Both [...] $\"\"$

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