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All Listings - Calgary Real Estate

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Courtesy Of
Trent Gustus Of RE/MAX FIRST

$400,000 - 1205 Sq.Ft

Beds
4
Baths
3.00

ACTIVE

Detached

MLS® #C4287001

Great Value in this starter home. Hard to find attached garage at this price in this area. Open vaulted main living area has dining looking down on front living room. Large master bedroom with walk in closet and full master bath. Downstairs, large open living space that's finished, extra bedroom and full bath. Great location on corner lot with no…
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Courtesy Of
Jen Hawkins Of RE/MAX LANDAN REAL ESTATE

$749,900 - 2461 Sq.Ft

Beds
5
Baths
3.10

ACTIVE

Detached

MLS® #C4287004

LOCATION, LOCATION, LOCATION - Take in stunning sunrises, the Bow River RAVINE VIEWS, big sky... and have year long recreation with LAKE CHAPARRAL PRIVILEGES. This beautifully updated home features NEW LUXURY VINYL PLANK flooring for easy living, FRESHLY PAINTED - the WALK OUT basement has been updated with fresh WHITE COLOURS, features a BAR, REC SPACE, 3 PC BATHROOM, 5TH…
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Courtesy Of
Ravi Duhra Of MY MOVE REALTY

$425,000 - 1470 Sq.Ft

Beds
5
Baths
3.00

ACTIVE

Detached

MLS® #C4287003

For more info click Multimedia - Amazing TURN KEY HOME on a large CORNER PIE shaped lot! 5 Bedrooms, 3 Full Baths, 1470sq.ft Above Ground Living Space, GOURMET KITCHEN, Full Basement with large windows, Double Attached Garage,74ft Parking for RV and toys & Fully Fenced Landscaped yard makes this home so desirable & family-friendly! - For more info click Multimedia
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Courtesy Of
Ben Knopp Of CHARLES

$309,900 - 1000 Sq.Ft

Beds
2
Baths
1.00

ACTIVE

Apartment High Rise

MLS® #C4287036

Awesome walkable location in the Beltline! Just around the corner from all of the amazing 17th Ave amenities and public transportation. Lot's to love here at this price point! Spacious 2 bedroom unit on the 4th floor with sunny south exposure. Enjoy your morning coffee on the beautiful wrap around balcony. Gorgeously designed open floorpan with nice sized sliding balcony…
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Courtesy Of
David Song Of KEY REALTY GROUP INC.

$429,000 - 828 Sq.Ft

Beds
2
Baths
2.00

ACTIVE

Lowrise Apartment

MLS® #C4287015

BRAND-NEW (Per registered size 912 sq feet) MODERN 2 bedroom and 2 bathroom condo. Located in prime area of Crescent Heights on Centre Street. Rare to find low rise condo constructed with concrete and lots of modern materials and construction techniques. IN FLOOR HEATING throughout. This contemporary unit located on the second floor with HUGE PATIO includes a BBQ gas…
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Courtesy Of
Leslie Paul Kiss Of SUTTON GROUP CANWEST

$1,275,000

Beds
0
Baths
0.00

ACTIVE

Not specified

MLS® #C4287009

STRATHMORE- 7.29 M/L ACRES. PROPOSED MULTI FAMILY SITE. THE BROWN SHADED AREA ON THE MAP. CORNER OF TWN 244 AND WHEATLAND - 817 TRAIL. THIS SITE IS JUST NORTH OF HILLVIEW ESTATES. PROPOSED NEW AREA TO BE KNOWN AS " NORTH HILL HEIGHTS " FUTURE DEVELOPMENT NEAR THE STRATHMORE HEALTH CENTRE AND CLOSE TO SERVICES NEAR LAKEWOOD ESTATES. CONTACT LISTER…
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Courtesy Of
Mike Fleming Of MICHAEL FLEMING REALTY CORP.

$659,000 - 465 Sq.Ft

Beds
2
Baths
4.40

ACTIVE

4Plex

MLS® #C4287019

Great 4 corner 4 plex on Bowness Road. All units are 2 BR with 1.5 Bath. Washer and dryer in each unit. New Roof in 2016. Full parking in the rear. Your tenants will have quick access to "mainstreet Bowness" shops and services as well as access to the University of Calgary, hospitals and downtown core via Memorial Drive. Value…
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Courtesy Of
Kirby W Cox Of ROYAL LEPAGE BENCHMARK

$199,900 - 1118 Sq.Ft

Beds
2
Baths
1.10

ACTIVE

Lowrise Apartment

MLS® #C4287017

Across from Market Mall is this bright & airy top floor condo in the popular adult 25+ complex of Landmark Estates. In the Landmark Birch building, this lovely corner unit has vaulted ceilings & clerestory windows, 2 bedrooms + den / 1.5 baths & secure underground parking. Wonderful living room with wood-burning fireplace & wraparound balcony, spacious dining room &…
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Courtesy Of
Anthony Lewis Of PURPLEBRICKS

$498,900 - 1616 Sq.Ft

Beds
5
Baths
3.00

ACTIVE

Detached

MLS® #C4287024

Spacious, air-conditioned family home perfect for entertaining and family gatherings. South facing backyard, backing onto Woodside Golf Course and across the street from the neighborhood park. Vaulted ceilings on main level with natural gas fireplace. Spacious master-suite with walk-in closet, double shower and double sinks. Newly upgraded granite counter top in kitchen.
Active

Courtesy Of
Abid Rasheed Of RAI REALTY LTD.

$409,900 - 1119 Sq.Ft

Beds
5
Baths
3.00

ACTIVE

Detached

MLS® #C4287029

A big and well maintained bi-level for sale; on the main level, it has 3 bedrooms, 2 full washrooms including a big En-suite, big living room, a big breakfast nook, and a kitchen. The floor comes with shiny laminate all over, kitchen and both washrooms have granite counter top with nice back-splash. Kitchen has stainless steel appliances, with gas stove.…
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Courtesy Of
Sarah K Belcher Of RE/MAX ROCKY VIEW REAL ESTATE

$339,500 - 1307 Sq.Ft

Beds
3
Baths
2.10

ACTIVE

Detached

MLS® #C4287022

Great family home on large lot in quiet area. Main floor boasts a large kitchen/eating area that overlooks back yard and rear deck, living room with gas fireplace, hardwood floors and upgraded lino, and half bath. Upstairs you will find spacious master with huge walk in closet, 2nd and 3rd bedrooms and bathroom. Basement is fully finished with another 3…
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Courtesy Of
Kimberly Vink Of RE/MAX FIRST

$284,900 - 866 Sq.Ft

Beds
2
Baths
1.10

ACTIVE

Row House

MLS® #C4287026

If you are not familiar with this area you must visit. It is incredibly convenient to downtown, it has easy access to all amenities & the views are fantastic. Almost the entire community is surrounded by green space & this home is walking distance to Deerfoot Athletic Park & Columbia College. If you are familiar you already know what a…
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Courtesy Of
Emily Liu Of HOMECARE REALTY LTD.

$528,800 - 2150 Sq.Ft

Beds
5
Baths
3.10

ACTIVE

Detached

MLS® #C4287047

Outstanding location and gorgeous home in desirable Silverado! Backing on to a GREEN SPACE WITH WALKING PATHS & STREAM. Situated on a quiet street, this fully finished home will not disappoint the most discerning of buyers. An open concept main floor is comprised of a front flex room, kitchen open to the living room with gas fireplace, a large and…
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Courtesy Of
Sarah Langenhoff Of CENTURY 21 FOOTHILLS REAL ESTATE

$330,000 - 1582 Sq.Ft

Beds
3
Baths
2.10

ACTIVE

Detached

MLS® #C4287043

Welcome home this property has pride of ownership written all over it!! Drive up on the paved horse shoe driveway!! Careful thought was put into the design of this house from the in floor heat to the spray foam that is through out the house and garage making this property super efficient in the winter months. The attached garage is…
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Courtesy Of
Trish L Seacrist Of CENTURY 21 FOOTHILLS REAL ESTATE

$3,650,000 - 2100 Sq.Ft

Beds
3
Baths
3.00

ACTIVE

Detached

MLS® #C4286873

Rare full section - bring the family & the horses out to this prime offering: 640 acres and over 2,000 sq. ft. of living space! This magnificent property offers an indoor heated riding arena with washed sand & nike footing, an outdoor arena with washed sand, a wired & heated quonset with concrete floors, and a hay shed lean-to. With…


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Canadian home sales down in January

Canadian home sales down in January

Ottawa, ON, February 14, 2020 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales declined between December 2019 and January 2020.

Highlights:

  • National home sales fell by 2.9% on a month-over-month (m-o-m) basis in January.
  • Actual (not seasonally adjusted) activity was up 11.5% year-over-year (y-o-y).
  • The number of newly listed properties was little changed (+0.2%) m-o-m.
  • The MLS® Home Price Index (HPI) advanced by 0.8% m-o-m and 4.7% y-o-y.
  • The actual (not seasonally adjusted) national average sale price climbed 11.2% y-o-y.

Home sales recorded over Canadian MLS® Systems declined by 2.9% in January 2020, although they remain among the stronger monthly readings of the last few years. (Chart A)

Transactions were down in a little over half of all local markets in January, with the national result most impacted by a slowdown of more than 18% in the Lower Mainland of British Columbia. While there were few notable gains in January, it should be noted that many of the weaker results have come alongside a shortage of new supply in markets where inventories are already very tight.

Actual (not seasonally adjusted) sales activity was still up 11.5% compared to January 2019, marking the best sales figures for the month in 12 years. Transactions surpassed year-ago levels in about two-thirds of all local markets, including most of the largest urban markets. As mentioned, some of the larger markets where sales were down, such as Ottawa and Windsor-Essex, are currently among some of the tightest supplied markets in Canada.

“Home price growth continues to pick up in housing markets where listings are in short supply, particularly in Southern, Central and Eastern Ontario,” said Jason Stephen, president of CREA. “Meanwhile, ample supply across the Prairies and in Newfoundland and Labrador is resulting in ongoing competition among sellers. All real estate is local, and nobody knows that better than a professional REALTOR®, your best source for information and guidance when negotiating the sale or purchase of a home,” said Stephen.

“Looking at local market trends across the country, one thing that stands out in markets with historically tight supply is a larger than normal drop in new listings at this time of the year,” said Shaun Cathcart, CREA’s Senior Economist. “The logic being that if you are a seller, you’re not just choosing when to list but effectively when to sell, so why not hold off until the spring when the weather is better, and more buyers are looking? Deferred listings mean deferred sales, which could explain some of January’s decline in activity. The question going forward is how many sellers are out there waiting to list their property, how much demand will respond, and how that will impact prices later this year.”

The number of newly listed homes was little changed in January, edging up a slight 0.2% on the heels of a series of declines which have left new listings at a near decade low. January’s small m-o-m change came as the result of declines in a number of larger markets, including Calgary, Edmonton and Montreal, which were offset by gains in the York and Durham Regions of the Greater Toronto Area (GTA) where new supply bounced back at the start of 2020 following a sharp slowdown towards the end of last year.

With sales down and new listings up slightly in January, the national sales-to-new listings ratio fell back to 65.1% compared to 67.2% posted in December 2019. Even so, the long-term average for this measure of housing market balance is 53.8%. It has been significantly above that long-term average for the last four months. Barring an unforeseen change in recent trends between the balance of supply and demand for homes, price gains appear poised to accelerate in 2020.

Considering the degree and duration to which market balance readings are above or below their long-term averages is the best way of gauging whether local housing market conditions favour buyers or sellers. Market balance measures that are within one standard deviation of their long-term average are generally consistent with balanced market conditions.

Based on a comparison of the sales-to-new listings ratio with the long-term average, close to two-thirds of all local markets were in balanced market territory in January 2020. Apart from a few areas of Alberta and Saskatchewan, the remainder were all favouring sellers.

The number of months of inventory is another important measure of the balance between sales and the supply of listings. It represents how long it would take to liquidate current inventories at the current rate of sales activity.

There were 4.2 months of inventory on a national basis at the end of January 2020 – the same as in November and December and the lowest level since the summer of 2007. This measure of market balance is now a full month below its long-term average of 5.2 months. While still just within balanced market territory, its current reading suggests that sales negotiations are becoming increasingly tilted in favour of sellers.

National measures of market balance continue to mask significant and increasing regional variations. The number of months of inventory has swollen far beyond long-term averages in the Prairie provinces

and Newfoundland & Labrador, giving homebuyers ample choice in these regions. By contrast, the measure is running well below long-term averages in Ontario, Quebec and the Maritime provinces, resulting in increased competition among buyers for listings and providing fertile ground for price gains. The measure is still in balanced market territory in British Columbia.

The Aggregate Composite MLS® Home Price Index (MLS® HPI) rose 0.8% in January 2020 compared to December, marking its eighth consecutive monthly gain. It is now up 5.5% from last year’s lowest point in May and has set new records in each of the past six months. (Chart B)

The MLS® HPI in January was up from the previous month in 14 of the 18 markets tracked by the index. (Table 1)

Home price trends have generally been stabilizing in most Prairie markets in recent months following lengthy declines. Meanwhile, prices are clearly on the rise again in British Columbia and in Ontario’s Greater Golden Horseshoe (GGH). Further east, price growth in Ottawa, Montreal and Moncton continues as it has for some time now, with Montreal and particularly Ottawa having strengthened noticeably in recent months.

Comparing home prices to year-ago levels yields considerable variations across the country, although for the most part trends are still regionally split along east/west lines, with rising gains from Ontario east, and a mixed bag of smaller gains and declines in B.C. and the Prairies.

The actual (not seasonally adjusted) Aggregate Composite MLS® (HPI) rose 4.7% y-o-y in January, the biggest year-over-year gain since February 2018.

Home prices in Greater Vancouver (-1.2%) remain slightly below year-ago levels, but declines are still shrinking. Meanwhile, January saw prices back in positive y-o-y territory in the Fraser Valley (+0.3%). Elsewhere in British Columbia, home prices logged y-o-y increases in the Okanagan Valley (+3.5%), Victoria (+3.4%) and elsewhere on Vancouver Island (+4%).

Calgary, Edmonton and Saskatoon continued to post small y-o-y price declines, while the y-o-y gap has now widened to -6.9% in Regina.

In Ontario, home price growth has re-accelerated across most of the GGH, with a number of markets getting close to double digits. Meanwhile, price gains in recent years have continued uninterrupted in Ottawa (+13.7%), Montreal (+9.8%) and Moncton (+6.4%).

All benchmark home categories tracked by the index accelerated further into positive territory on a y-o-y basis, with similar sized gains among the different property types.

Apartment unit prices posted the biggest y-o-y increase (+5%) followed closely by two-storey single family homes (+4.8%), one-storey single-family homes (+4.4%) and townhouse/row units (+4.2%).

The MLS® HPI provides the best way to gauge price trends, because averages are strongly distorted by changes in the mix of sales activity from one month to the next.

The actual (not seasonally adjusted) national average price for homes sold in January 2020 was around $504,350, up 11.2% from the same month the previous year. This was the largest increase since mid-2016.

The national average price is heavily influenced by sales in the GVA and GTA, two of Canada’s most active and expensive housing markets. Excluding these two markets from calculations cuts close to $110,000 from the national average price, trimming it to around $395,000.

– 30 –

PLEASE NOTE: The information contained in this news release combines both major market and national sales information from MLS® Systems from the previous month.

CREA cautions that average price information can be useful in establishing trends over time, but does not indicate actual prices in centres comprised of widely divergent neighbourhoods or account for price differential between geographic areas. Statistical information contained in this report includes all housing types.

MLS® Systems are co-operative marketing systems used only by Canada’s real estate Boards to ensure maximum exposure of properties listed for sale.

The Canadian Real Estate Association (CREA) is one of Canada’s largest single-industry associations, representing more than 130,000 REALTORS® working through 90 real estate boards and associations.

Further information can be found at http://crea.ca/statistics.

For more information, please contact:
Pierre Leduc, Media Relations
The Canadian Real Estate Association
Tel.: 613-237-7111 or 613-884-1460
E-mail: pleduc@crea.ca

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CREA’s Chief Economist, Gregory Klump, retires after 28 years

CREA’s Chief Economist, Gregory Klump, retires after 28 years

Ottawa, ON, February 11, 2020 –  Gregory Klump, CREA’s Chief Economist, has retired from The Canadian Real Estate Association after 28 years.

Greg Klump

Klump joined CREA in 1992, serving as staff economist for the Association. Promoted to Chief Economist in 2005, he grew CREA’s economic and data team into an authoritative source of Canadian real estate data and market analysis.

Klump was instrumental in the development of the MLS® Home Price Index (MLS HPI®). He was a member of CMHC’s National Housing Research Committee as well as a contributor to the Economic Research Committee of the Canadian Home Builders Association.

CREA wishes Gregory Klump all the best in his future endeavors.

– 30 –

About The Canadian Real Estate Association
The Canadian Real Estate Association (CREA) is one of Canada’s largest single-industry associations. CREA works on behalf of more than 130,000 REALTORS® who contribute to the economic and social well-being of communities across Canada. Together they advocate for property owners, buyers and sellers.

For more information, please contact:
Pierre Leduc, Media Relations
The Canadian Real Estate Association
Tel.: 613-237-7111 or 613-884-1460
E-mail: pleduc@crea.ca­

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Canadian home sales inch lower in December

Canadian home sales inch lower in December

Ottawa, ON, January 15, 2020 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales eased between November and December 2019.

Highlights:

  • National home sales declined by 0.9% on a month-over-month (m-o-m) basis in December.
  • Actual (not seasonally adjusted) activity was up 22.7% year-over-year (y-o-y).
  • The number of newly listed properties dropped by a further 1.8% m-o-m.
  • The MLS® Home Price Index (HPI) advanced by 0.8% m-o-m and 3.4% y-o-y.
  • The actual (not seasonally adjusted) national average sale price climbed 9.6% y-o-y.

Home sales recorded over Canadian MLS® Systems edged down 0.9% in December 2019, ending a streak of monthly gains that began last March. Activity is currently about 18% above the six-year low reached in February 2019 but ends the year about 7% below the heights recorded in 2016 and 2017.

There was an almost even split between the number of local markets where activity rose and those where it declined, with higher sales in the Lower Mainland of British Columbia, Calgary and Montreal offsetting declines in the Greater Toronto Area (GTA) and Ottawa.

Actual (not seasonally adjusted) activity was up 22.7% compared to a quiet month of December in 2018. Transactions surpassed year-ago levels across most of Canada, including all of the largest urban markets.

“Home price growth is picking up in housing markets where listings are in short supply,” said Jason Stephen, president of CREA. “Meanwhile, the mortgage stress-test continues to sideline potential home buyers where supply is ample. All real estate is local, and nobody knows that better than a professional REALTOR®, your best source for information and guidance when negotiating the sale or purchase of a home,” said Stephen.

“The momentum for home price gains picked up as last year came to a close,” said Gregory Klump, CREA’s Chief Economist. “If the recent past is prelude, then price trends in British Columbia, the GTA, Ottawa and Montreal look set to lift the national result this year, despite the continuation of a weak pricing environment among housing markets across the Prairie region.”

The number of newly listed homes slid a further 1.8% in December, leaving new supply close to its lowest level in a decade. December’s decline was driven mainly by fewer new listings in the GTA and Ottawa–the same markets most responsible for the decline in sales. Listings available for purchase are now running at a 12-year low. The number of housing markets with a shortage of listings is on the rise; should current trends persist, fewer available listings will likely increasingly weigh on sales activity.

With new listings having declined by more than sales, the national sales-to-new listings ratio further tightened to 66.9% in December 2019 – the highest reading since the spring of 2004. The long-term average for this measure of housing market balance is 53.7%. Barring an unforeseen change in recent trends for the balance between the supply and demand for homes, price gains appear poised to accelerate in 2020.

Considering the degree and duration to which market balance readings are above or below their long-term averages is the best way of gauging whether local housing market conditions favour buyers or sellers. Market balance measures that are within one standard deviation of their long-term average are generally consistent with balanced market conditions.

Based on a comparison of the sales-to-new listings ratio with the long-term average, just over half of all local markets were in balanced market territory in December 2019. That list still includes Greater Vancouver (GVA) but no longer includes the GTA, where market balance favours sellers in purchase negotiations. By contrast, an oversupply of homes relative to demand across much of Alberta and Saskatchewan means sales negotiations remain tilted in favour of buyers. Meanwhile, an ongoing shortage of homes available for purchase across most of Ontario, Quebec and the Maritime provinces means sellers there hold the upper hand in sales negotiations.

The number of months of inventory is another important measure of the balance between sales and the supply of listings. It represents how long it would take to liquidate current inventories at the current rate of sales activity.

There were 4.2 months of inventory on a national basis at the end of December 2019 – the lowest level recorded since the summer of 2007. This measure of market balance has been falling further below its long-term average of 5.3 months. While still within balanced market territory, its current reading suggests that sales negotiations are becoming increasingly tilted in favour of sellers.

National measures of market balance continue to mask significant and increasing regional variations. The number of months of inventory has swollen far beyond long-term averages in Prairie provinces and Newfoundland & Labrador, giving homebuyers ample choice in these regions. By contrast, the measure is running well below long-term averages in Ontario, Quebec and Maritime provinces, resulting in increased competition among buyers for listings and providing fertile ground for price gains. The measure is still within balanced market territory in British Columbia but is becoming increasingly tilted in favour of sellers.

The Aggregate Composite MLS® Home Price Index (MLS® HPI) rose 0.8%, marking its seventh consecutive monthly gain. It is now up 4.7% from last year’s lowest point reached in May and has toppled all previous records in each of the past five months. (Chart B)

The MLS® HPI in December was up from the previous month in 14 of the 18 markets tracked by the index.

Home price trends have generally been stabilizing in the Prairies in recent months following lengthy declines but are clearly on the rise again in British Columbia and in Ontario’s the Greater Golden Horseshoe (GGH). Further east, price growth in Ottawa and Montreal has been ongoing for some time and strengthened toward the end of 2019.

Comparing home prices to year-ago levels yields considerable variations across the country, although for the most part has been regionally split along east/west lines, with declines in the Lower Mainland and major Prairie markets and gains in central and eastern Canada.

The actual (not seasonally adjusted) Aggregate Composite MLS® (HPI) rose 3.4% y-o-y in December 2019, the biggest year-over-year gain since March 2018.

Home prices in Greater Vancouver (-3.1%) and the Fraser Valley (-2%) remain below year-ago levels, but declines are shrinking. Elsewhere in British Columbia, home prices logged y-o-y increases in the Okanagan Valley (+4.2%), Victoria (+2.3%) and elsewhere on Vancouver Island (+4.2%).

Calgary, Edmonton and Saskatoon posted y-o-y price declines of around -1% to -2%, while the gap has widened to -4.6% in Regina.

In Ontario, home price growth has re-accelerated well above consumer price inflation across most of the GGH. Meanwhile, price gains in recent years have continued uninterrupted in Ottawa, Montreal and Moncton.

All benchmark home categories tracked by the index accelerated further into positive territory on a y-o-y basis. One-storey single-family home prices posted the biggest increase (3.6%) followed closely by apartment units (3.4%) and two-storey single family homes (3.3%). Townhouse/row unit prices climbed a slightly more modest 2.7% compared to December 2018.

The MLS® HPI provides the best way to gauge price trends, because averages are strongly distorted by
changes in the mix of sales activity from one month to the next.

The actual (not seasonally adjusted) national average price for homes sold in December 2019 was around $517,000, up 9.6% from the same month the previous year.

The national average price is heavily skewed by sales in the GVA and GTA, two of Canada’s most active and expensive housing markets. Excluding these two markets from calculations cuts more than $117,000 from the national average price, trimming it to around $400,000 and reducing the y-o-y gain to 6.7%.

– 30 –

PLEASE NOTE: The information contained in this news release combines both major market and national sales information from MLS® Systems from the previous month.

CREA cautions that average price information can be useful in establishing trends over time, but does not indicate actual prices in centres comprised of widely divergent neighbourhoods or account for price differential between geographic areas. Statistical information contained in this report includes all housing types.

MLS® Systems are co-operative marketing systems used only by Canada’s real estate Boards to ensure maximum exposure of properties listed for sale.

The Canadian Real Estate Association (CREA) is one of Canada’s largest single-industry trade associations, representing more than 130,000 REALTORS® working through 90 real estate boards and associations.

Further information can be found at http://crea.ca/statistics.

For more information, please contact:
Pierre Leduc, Media Relations
The Canadian Real Estate Association
Tel.: 613-237-7111 or 613-884-1460

< Back to Newsroom