by The Canadian Real Estate Investor Podcast | Sep 20, 2024 | Boards & Associations, Columnists
There’s an interesting pattern emerging in Canadian real estate: ever since the Bank of Canada’s first rate cut, home sales have increased as buyers get improved affordability, though still well below the long-term average. Price recovery is still yet to be found, and...
by REM Editorial Team | Sep 20, 2024 | Boards & Associations, News
On Monday, the federal government announced changes to mortgage rules to help more qualified buyers access mortgages and become homeowners. The changes, taking effect this year on December 15, include allowing 30-year amortizations for first-time buyers and for newly...
by REM Editorial Team | Sep 13, 2024 | Boards & Associations, News
The Ottawa real estate market saw increased activity in August, with 1,100 homes sold, the Ottawa Real Estate Board (OREB) reports. This marks a 10.2 per cent rise compared to August 2023, though sales remained below both the five-year (-11.4 per cent) and 10-year...
by REM Editorial Team | Sep 12, 2024 | Boards & Associations, News
The Quebec Professional Association of Real Estate Brokers (QPAREB) August market statistics show significant growth in both Quebec City and Montreal, thanks in part to recent interest rate cuts. Quebec City: A strong market in expansion Last month’s...
by REM Editorial Team | Sep 11, 2024 | Boards & Associations, News
Last month, Saskatchewan reported 1,507 residential property sales, the Saskatchewan Realtors Association (SRA) reports. This was a 7.0 per cent year-over-year decline but over 12 per cent above long-term averages, with August marking the 14th consecutive month of...
by REM Editorial Team | Sep 10, 2024 | Boards & Associations, News
Last month’s Metro Vancouver home sales stayed below 10-year seasonal averages, according to the Greater Vancouver Realtors (GVR). The region’s residential sales totalled 1,904, marking a 17.1 per cent decline from the 2,296 sales the year before and 26 per cent less...
