CREA + MacrobondThe Canadian Real Estate Association’s housing market statistics are now available in the Macrobond application
The Canadian Real Estate Association (CREA) and Macrobond have partnered up to make CREA’s Canadian housing market data available in the Macrobond application. Users who get this license will find a variety of data from real estate boards across Canada, including sales, listings, measures of market balance and price data. With the application, you can browse and analyze this data using our integrated analytics, charting and communication tools.
With the CREA license, you’ll also access market level data from the MLS® Home Price Index (MLS® HPI). This index is based on MLS® listing content – a comprehensive and accurate source of real estate data in Canada. It’s unique in that it’s based on the value homebuyers assign to various housing attributes which change gradually over time. This means that price changes calculated using the MLS® HPI are less volatile than those derived using common measures like average and median price. That’s why the MLS® HPI is recognized as a great tool for determining price trends in the housing market. CREA developed the MLS® HPI together with five founding real estate boards, and it has since expanded to include 18 real estate boards representing 65% of all Canadian resale housing activity.
The Canadian Real Estate Association (CREA) is one of Canada’s largest single-industry trade associations. CREA compiles and analyzes numerous factors affecting the Canadian real estate market. The accurate and up-to-date information that CREA provides is used by realtors, economists, and governments for more effective decision-making.
Macrobond’s application provides a powerful, user-friendly tool for accessing, analyzing and presenting CREA’s Canadian housing market data. In addition to hosting commercial datasets, the application includes an extensive macroeconomic and financial database with near real time updates, easy-to-use tools for analysis, and impressive data visualization. The Macrobond application also makes work-flow integration and standardization across offices or teams simple. The result is a powerful hub of data, tools, and your chart library, seamlessly connected via the Macrobond application, and supported by personal service.
Get the data
Existing Macrobond users who would like to access CREA’s data should contact their account manager. If you're not already a Macrobond user and would like to access this data via the Macrobond application, feel free to contact us to arrange a demo or trial.