Archives

Housing Market Stats

CREA
compiles and analyzes numerous factors affecting the real estate market for the
public, REALTORS® and governments.

With the accurate, up-to-date
information that CREA provides:

The public gets a snapshot of the Canadian housing market;REALTORS® can knowledgeably advise
their clients; andPoliticians and government policymakers can craft more
effective legislation and regulations.

MLS® Home
Price Index

With the MLS® Home
Price Index (HPI), you can access data about the residential markets of
participating real estate boards across Canada. There’s no better tool to
determine price trends in the housing market.

Six founding partners jointly
developed it: the real estate boards of Calgary, Fraser Valley, Greater
Montreal, Greater Vancouver, and Toronto and […] Read more

Essential Things to Know About Real Estate Assignment Sales (for Sellers)

What’s an assignment?

An assignment is when a Seller sells their interest in a property before they take possession – in other words, they sell the contract they have with the Builder to a new purchaser. When a Seller assigns a property, they aren’t actually selling the property (because they don’t own it yet) – they are selling their promise to purchase it, along with the rights and obligations of their Agreement of Purchase and Sale contract.  The Buyer of an assignment is essentially stepping into the shoes of the original purchaser.

The original purchaser is considered to be the Assignor; the […] Read more