by REM Editorial Team | Oct 10, 2023 | Boards & Associations, News
Over the past few months, more sellers have entered the housing market, particularly in September with a surge of new listings in all major Canadian markets. This is thanks to several things, notably rising borrowing costs from higher interest rates, as the latest...
by Susan Doran | Oct 6, 2023 | Boards & Associations, News
Ten Ontario real estate boards have stepped up and called for a special general meeting with the provincial association, citing concerns around the controversial mandatory insurance plan for Ontario realtors slated to be put into effect by the association in a few...
by Daniel Foch | Oct 5, 2023 | Boards & Associations, Columnists
By September of last year, Toronto’s real estate market had suffered seven months of price declines and one of the slowest September markets we’ve seen on record. The market was largely stabilized up by supply, or rather, the absence of it. We saw a...
by Danny Kucharsky | Oct 2, 2023 | Boards & Associations, News
Increasing numbers of homebuyers in Quebec are assuming sellers’ mortgages to help combat rising interest rates and higher mortgage costs, Re/Max Canada says. The province is also seeing an increase in mortgage transfers and cash payments, primarily among...
by REM Editorial Team | Sep 28, 2023 | Boards & Associations, News
Auckland, New Zealand A blueprint for expanding housing supply and improving affordability in British Columbia may lie far beyond provincial borders, according to a new economic report from the BC Real Estate Association (BCREA). The report, released Sept. 26,...
by REM Editorial Team | Sep 26, 2023 | Boards & Associations, News
The commercial real estate market in the Lower Mainland witnessed a significant downturn in the second quarter (Q2) of 2023, with year-over-year declines in both sales and dollar volumes, according to a report from the Real Estate Board of Greater Vancouver (REBGV)....