by REM Editorial Team | Oct 30, 2023 | News
They say you can have too much of a good thing, and that could be exactly what’s happening in some Canadian housing markets – those suddenly well-stocked will be seeing even more inventory in the coming months. Data from the Canada Mortgage and Housing Corporation...
by REM Editorial Team | Oct 27, 2023 | News
The world is going through a lot right now, and Canada’s real estate market is not immune to any of it – from poor or inconsistent economic conditions and rising mortgage rates to serious international conflict and environmental issues. Perhaps surprisingly, then, is...
by REM Editorial Team | Oct 26, 2023 | News
Since March of last year, the Bank of Canada has raised interest rates an unprecedented nine times. Not only that, but the rates themselves have swung from historic lows to a 20-year high. Resulting monthly expenses have been just too steep for many mortgage holders....
by REM Editorial Team | Oct 25, 2023 | Announcements, Boards & Associations
The following announcement was posted on October 20 on realtorstogether.ca The Board of Directors of the Realtors Association of Hamilton-Burlington (RAHB), the Waterloo Region Association of Realtors (WRAR), the Simcoe & District Real Estate Board (SDREB)...
by REM Editorial Team | Oct 25, 2023 | News
We saw lower inflation numbers last month, which could lead to a better situation for home buyers – despite widespread concern over another interest rate hike today from the Bank of Canada. As of now, the overnight lending rate is at 5 per cent, a high of many years,...
