by REM Editorial Team | Oct 6, 2023 | News
Metro Vancouver housing prices eased last month, thanks to a small boost in regional inventory and seasonal decline. Andrew Lis, the Real Estate Board of Greater Vancouver (REBGV)’s director of economics and data analytics, points out they watched “The reluctance of...
by REM Editorial Team | Oct 6, 2023 | News
New home construction increased slightly in the first half of 2023, mostly due to a surge in new apartment builds in Toronto and Vancouver, according to a new report from Canada Mortgage and Housing Corporation (CMHC). Overall, housing supply across the six cities...
by REM Editorial Team | Oct 5, 2023 | News
During the pandemic, the tight inventory markets across Canada experienced was offset by interest rates at all-time lows, which made for more activity and demand. Over that time, sellers and their agents enjoyed higher sales and commissions. Today, it’s a very...
by REM Editorial Team | Oct 4, 2023 | News
Have Canadian housing markets been through the worst of it, or is there still further to fall? Well, it depends on where you’re looking.Regional variations have become increasingly apparent nationwide, as noted in a Sept. 29 report from Robert Kavcic, senior...
by REM Editorial Team | Oct 4, 2023 | News
New listings showed improvement compared to the previous year and relative to sales. The sales-to-new listings ratio fell to 76 per cent, preventing additional monthly declines. However, inventory levels in September remained over 24 per cent lower than those seen...
