by REM Editorial Team | Nov 14, 2024 | News
Homeownership is becoming a pipe dream for most Canadians, according to a new survey released by Habitat for Humanity Canada. Four in five Canadians now say that buying a home feels like a luxury, while 88 per cent of renters say the goal of owning a home in Canada...
by REM Editorial Team | Nov 13, 2024 | News
For the first time since July 2021, average asking rents for all residential property types in Canada saw an annual drop in October. According to the latest report from Rentals.ca and Urbanation, rents dropped 1.2 per cent compared to October 2023, bringing the...
by REM Editorial Team | Nov 12, 2024 | Announcements, Community
Revel Realty is expanding in the GTA, led by three former brokers from ReMax Hallmark First Group. Doug Gordon, Walid Dorani and Gino Spagnuolo will head the new Durham Region location for the Niagara Falls-based brokerage. The trio knows the area well, collectively...
by REM Editorial Team | Nov 11, 2024 | News
Canada is slashing the number of immigrants it welcomes into the country and experts believe it could significantly reduce demand in the country’s housing market over the coming years. In October, the government announced plans to reduce the projected number of new...
by REM Editorial Team | Nov 8, 2024 | Boards & Associations, News
Home sales in Metro Vancouver jumped 31.9 per cent in October compared with the same month last year, according to Greater Vancouver Realtors (GVR). The real estate board says the strong sales are a sign buyers may be responding to lower interest rates. “To some...