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(Lawrence Yun · Chief Economist at U.S. National Association of REALTORS)

US existing-home sales edge lower in March 2023

Existing-home sales pulled back more than expected in March in the U.S., according to the National Association of Realtors. Month-over-month sales declined in three out of four major U.S. regions, while sales in the Northeast remained steady. All regions posted year-over-year decreases. Total existing-home sales – completed transactions that include single-family homes, townhomes, condominiums and…

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(Jill Oudil, Chair of CREA)

Canadian housing market is off to a cold start in 2023

January was the worst month for home sales in Canada since 2009, statistics released by the Canadian Real Estate Association (CREA) show. Home sales edged back down 3% between December 2022 and January 2023, giving back all of December’s small gains and rejoining the mild downward trend observed since last summer. The actual (not seasonally…

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Helping homeowners avoid foreclosure

In these difficult economic times, many Americans are struggling to keep their homes. Lillian Powers, a real estate specialist with eXp Realty, has launched a new website,, to help homeowners avoid the long-term negative effects of foreclosure. The website provides information on how to avoid foreclosure and what to do if you are already…

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