by REM Editorial Team | Sep 25, 2023 | Boards & Associations, News
Canadian real estate is feeling the heat as the Bank of Canada, responding to spikes in inflation and a resurgent spring market, has pushed mortgage rates to a 15-year high. This shift in monetary policy direction has triggered ripple effects on home sales and the...
by REM Editorial Team | Sep 21, 2023 | Boards & Associations, News
Student debt is significantly impacting Ontarians’ ability to get on the property ladder and even has some considering leaving the province altogether, according to a new poll by the Ontario Real Estate Association (OREA). Conducted by Abacus Data on behalf of...
by REM Editorial Team | Sep 20, 2023 | Boards & Associations, News
The Realtors Association of Hamilton-Burlington (RAHB) and the Waterloo Region Association of Realtors (WRAR) have taken a decisive step towards amalgamation. Both associations have formalized their intent by signing a letter to explore the merger. In a...
by Daniel Foch | Sep 16, 2023 | Boards & Associations, Columnists
Once again, sales volume has continued to fall in Canadian real estate — although this time, it was probably to be expected. According to monthly statistics from CREA, national home sales declined 4.1 per cent month-over-month in August, which is...
by REM Editorial Team | Sep 14, 2023 | Boards & Associations, Good Works, News
Dale Devereaux of Red Deer, Alta. accepting the Canadian Realtors Care Award 2023 at CREA’s AGM in Ottawa in April. The Canadian Real Estate Association (CREA) is announcing that nominations are now open for the Canadian Realtors Care Award 2024,...
by REM Editorial Team | Sep 12, 2023 | Boards & Associations, News
As summer turns to fall and sweater weather sets in, the housing market has already entered a cooling phase, mirroring the trends seen in August. In his latest report, Robert Hogue, assistant chief economist with RBC Economics, notes that the Bank of Canada’s...
