Sentences with phrase «crea said activity»

Not exact matches

CREA said Friday the level of sales activity marked a four - year low for the month of March and was seven per cent below the 10 - year average.

«National home sales activity is easing due to fewer and more cautious first - time home buyers,» says CREA economist Gregory Klump.

«Although this boost was and still is expected to be transitory, sales have yet to show signs of cooling as activity strengthened slightly further over the summer,» CREA said in its updated forecast.

The monthly increase in new listings was less than the increase in sales activity, which caused the market to tighten slightly, CREA says.

«Although national sales activity was not as strong in September as it was earlier this year, a lack of supply in some parts of the country is likely keeping a lid on transactions,» said Gregory Klump, chief economist with CREA.

However, with thier control over the MLS, CREA can put into effect rules that if not followed will prevent someone from operating on MLS - simply put, an agent could be lawfully engaging in trading with a seller (or buyer) and RECO has no issue but CREA has a rules that says that activity should not be on MLS.