CREA update – changes to and apps

CREA has updated and apps. These upgrades will be rolled out throughout April on the following schedule:

  1. for iPad v1.2 (available April 7)
  2. Android v1.2 (April 7)
  3. iPhone v1.2 (April 8)
  4. iPhone v2.0 (April 10): Note that this release is a completely new design that fully leverages the Apple iOS7 user experience and more responsive Apple maps.

The following new features, and many more, have been included in all the apps:

  • Ability to switch between metric & imperial at a touch;
  • User Education overlay, to more easily introduce new features;
  • Support multimedia links from REALTORS® such as additional pictures, videos and house tours;
  • The apps have a new mortgage calculator. If you save your settings, we’ll show you potential mortgage payment for every property you view. This feature is not available on the app.

Check out the latest version of the mobile apps in April by visiting the mobile page on the and websites.

CREA Updates and Extends Resale Housing Forecast

Ottawa, ON, March 17, 2014 – The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards and Associations in 2014, and extended the outlook to 2015.

National resale housing activity has started 2014 at lower levels, compared to previous years. This in part reflects payback for stronger levels of activity recorded last summer and fall when buyers with pre-approved mortgage financing advanced home purchases before their lower pre-approved rates expired. It also likely reflects the deferral of some activity due to what has been an exceptionally tough winter in many parts of the country.

Taking this into consideration, and with mortgage rates having edged lower, home sales are expected to trend higher heading into the spring, and be further supported over the second half of 2014 by a widely anticipated pick-up in Canadian economic growth.

Canadian home sales little changed in February

Ottawa, ON, March 17, 2014 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales activity was little changed in February 2014 on a month-over-month basis.


  • National home sales edged up 0.3% from January to February.
  • Actual (not seasonally adjusted) activity stood 1.9% above February 2013 levels.
  • The number of newly listed homes edged up 0.6% from January to February.
  • The Canadian housing market remains in balanced territory.
  • The national average sale price rose 10.1% on a year-over-year basis in February.
  • The MLS® Home Price Index (HPI) rose 5.1% year-over-year in February.

The number of home sales processed through the MLS® Systems of Canadian real estate Boards and Associations was little changed from January to February 2014, edging up just three tenths of one per cent. The February result follows five straight monthly declines and leaves activity 9.3 per cent below the peak reached in August 2013.