by REM Editorial Team | Jul 9, 2025 | News
Rental supply has been rising across Canada, putting downward pressure on advertised rents in cities most vulnerable to the “headwinds” brought on by sluggish migration and a slowing labour market, according to a new report by Canada Mortgage and Housing Corporation....
by REM Editorial Team | Jul 9, 2025 | News
The summer real estate market started with a chill over Toronto, with the vast majority of homes selling below asking. In June, 93 per cent of Greater Toronto Area neighbourhoods with at least five sales saw homes go for below asking, up sharply from 71 per cent a...
by REM Editorial Team | Jul 8, 2025 | Boards & Associations, News
Hungry buyers chasing low inventory created a perfect storm for record-breaking home prices in Saskatchewan in June. The provincial benchmark price hit an all-time high of $370,700 last month, 8 per cent higher than June 2024. “We’re seeing record price growth for a...
by REM Editorial Team | Jul 4, 2025 | Boards & Associations, News
Home sales in Vancouver were down 10 per cent year-over-year in June, but Greater Vancouver Realtors is holding out hope for the rest of the year as buyers come off the sidelines. GVR reports that residential sales in the region totaled 2,181 in June, down from 2,418...
by REM Editorial Team | Jul 3, 2025 | Boards & Associations, News
New listings in Calgary surged in June while sales slowed, with supply rising to levels not seen since 2021, according to the Calgary Real Estate Board. By the end of the month, inventory reached 6,941 units, an increase of 83% year-over-year, CREB reported in its...
