by REM Editorial Team | Feb 12, 2024 | Boards & Associations, News
The Toronto Regional Real Estate Board (TRREB) released its projections for the Greater Toronto Area (GTA) real estate market in the 2024 Market Outlook and Year in Review report and interactive digital digest. The report covers various aspects of the GTA real estate...
by REM Editorial Team | Feb 9, 2024 | Boards & Associations, News
Last month, the British Columbia Real Estate Association (BCREA) released its 2024 First Quarter Housing Forecast Update. In 2023, British Columbia experienced its slowest housing activity since 2013, with home sales totaling 73,000 as elevated mortgage rates deterred...
by Daniel Foch | Feb 7, 2024 | Boards & Associations, Columnists
Last month, the Toronto real estate market apparently decided to give the illusion of a comeback, with sales seeing an uptick compared to the ghost town vibe of January 2023. I expect this theme to continue for much of 2024. Given that 2023 was a record-low year,...
by REM Editorial Team | Feb 7, 2024 | Boards & Associations, News
The Ontario Real Estate Association (OREA) recently published its latest policy report, evaluating the progress made by the Government of Ontario in response to recommendations from the Housing Affordability Task Force (HATF) aimed at bolstering Ontario’s housing...
by REM Editorial Team | Feb 1, 2024 | Boards & Associations, News
We need more housing to accommodate Canadians, yet the country’s builders are increasingly worried about industry conditions and the fact that housing starts will be further inhibited this year, the Canadian Home Builders’ Association (CHBA) Housing Market Index (HMI)...
by Christopher Alexander | Jan 29, 2024 | Boards & Associations, Guest Columns
The Canadian Real Estate Association (CREA) released its housing market statistics for the final month of 2023 last week, closing out a year that can be defined as, if anything, “unpredictable.” According to CREA’s December report, 2023 ended with a jump in sales and...