by REM Editorial Team | Jan 27, 2023 | News
Canada’s vacancy rate for purpose-built rental apartments decreased to its lowest level since 2001, according to the latest Rental Market Report from Canada Mortgage and Housing Corporation (CMHC). CMHC says that while rental supply increased sharply between...
by REM Editorial Team | Jan 26, 2023 | News
The Building Industry and Land Development Association (BILD) announced today that the Greater Toronto Area (GTA) saw the lowest level of new home sales since 2018 in 2022. According to the company’s source for market intelligence, Altus Group, there were...
by REM Editorial Team | Jan 25, 2023 | News
Canada’s luxury market was not immune to the downturn that hit Canada’s real estate market in 2022. According to recent data released by Sotheby’s International Realty Canada, luxury sales in Vancouver, Toronto, and Montreal experienced a decline in...
by REM Editorial Team | Jan 25, 2023 | Boards & Associations, News
The Ontario Real Estate Association (OREA) is cutting member dues for 2023. The provincial association notified its 90,000-plus members via email that the annual fee has decreased from $110 to $75. OREA credits the one-time reduction to strong financial management by...
by REM Editorial Team | Jan 24, 2023 | Boards & Associations, News
The Barrie & District Association of Realtors (BDAR) is recommending that its members integrate with Toronto Regional Real Estate Board (TRREB). The proposed integration would give the more than 1,500 BDAR members consolidated access to complete listing and sold...
