by REM Editorial Team | Jan 23, 2024 | Boards & Associations, News
In its 2024 Forecast Calgary and Region Yearly Outlook Report, released today, the Calgary Real Estate Board (CREB) reports the region’s housing market has been strongly impacted by rising interest rates as buyers look at other options and sellers hold off on listing...
by Daniel Foch | Jan 17, 2024 | Boards & Associations, Columnists
The recent history of Canadian real estate has been full of surprises. In 2022, we saw the biggest price drop in Canadian history. In 2023, we followed that up with the strongest spring market in Canadian history when measured by price growth from January to May. We...
by REM Editorial Team | Jan 16, 2024 | Boards & Associations, News
The Quebec Professional Association of Real Estate Brokers (QPAREB) reports there were 75,853 residential sales in Quebec last year, which is 13 per cent less than 2022 volume and slightly lower than the historical average. “An orderly normalization of the Quebec...
by REM Editorial Team | Jan 11, 2024 | Boards & Associations, News
While the Metro Vancouver housing market ended 2023 with some resilience and balance, this was among the backdrop of decade-high borrowing costs. “You could miss it by just looking at the year-end totals, but 2023 was a strong year for the Metro Vancouver housing...
by REM Editorial Team | Jan 10, 2024 | Boards & Associations, News
For the sixth month in a row, Saskatchewan has seen sales at above-average levels: 757 in December, a year-over-year jump of 19 per cent and 13 per cent above long-term, 10-year averages, the Saskatchewan Realtors’ Association (SRA) reports. Above-average...
by Emma Caplan-Fisher | Jan 8, 2024 | Boards & Associations, News
On Tuesday, the Real Estate Council of Ontario (RECO)’s board of directors, which oversees strategy in RECO’s mandate of consumer protection, received a letter from Ontario’s minister of public and business service delivery that presented five orders about...
