For the second month in a row, sales activity trended down after all-time record high sales in March. While activity in the market slowed down in May with 3,071 sales, levels are still slightly higher than last year’s record high and are far stronger than typical levels of activity recorded in May.

Following an all-time record high month of sales in March, activity slowed down in April. However, with 3,401 sales, it was still a gain of six per cent over last year and a record high for the month of April. 

Whether you're upsizing, downsizing or just interested in a change of address, properly prepping your home for sale can help streamline the selling process and reap rewards when it comes to your resale value. With that in mind, here are some helpful tips to have your home looking its best when it’s time to sell.

The first quarter of 2022 saw record high sales activity, thanks to an increase in new listings. This provided some choice for buyers in comparison to the previous quarter, where sales exceeded the number of new listings.

Buying a home is likely one of the most significant and costly purchases that individuals will make in their lifetime. Therefore, always ensure that the transaction is handled by reputable professionals.

The Canadian Real Estate Association (CREA) has named CREB^® Chair Lorna Hamm as the recipient of the Canadian REALTORS Care^® Award 2022. 

For the second month in a row, sales activity not only reached a monthly high but also hit new record highs for any given month. Gains occurred across every property type as they all hit new record highs.

According to the latest numbers from the federal government, 1.7 million people are in housing need across Canada, living in homes that are inadequate or unaffordable. Another 25,000 Canadians are chronically homeless.

Thanks to a surge in new listings, sales activity reached a record high for the month of February with 3,305 sales. The rise in new listings caused adjusted inventories to rise above last months levels. However, with only one month of supply, the market continues to favour the seller. 

Applications are now open for CREB^® REALTOR^® Community Foundation’s Legacy, Community and Transformation Grants to support local housing- and shelter-related initiatives.