by Danny Kucharsky | Sep 11, 2023 | Boards & Associations, News
There are “eerily similar circumstances” to today’s rapidly rising interest rate environment and what happened to the housing market in the 1990s when the Bank of Canada raised rates rapidly, a Re/Max executive says. The Bank of Canada raised...
by REM Editorial Team | Sep 8, 2023 | Boards & Associations, News
Record sales and low inventories in Saskatchewan have resulted in the tightest market conditions the province has seen leading into September since 2007. The Saskatchewan Realtors Association (SRA) reveals that the province saw 1,631 sales in August, setting a new...
by Daniel Foch | Sep 7, 2023 | Boards & Associations, Columnists
By most accounts, August 2023 looked remarkably similar to August 2022. We saw a little less volume and a little more price than last year, according to the latest data from the Toronto Regional Real Estate Board’s (TRREB) Market Watch. The average price of a...
by REM Editorial Team | Sep 7, 2023 | Boards & Associations, News
Higher borrowing costs have begun to permeate the Metro Vancouver housing market in predictable ways, according to the August 2023 housing market report from the Real Estate Board of Greater Vancouver (REBGV). August 2023 saw residential home sales totalling 2,296,...
by REM Editorial Team | Sep 6, 2023 | Boards & Associations, News
Calgary’s real estate market saw record-high sales in August, thanks to a surge in the condo market, according to recent data from the Calgary Real Estate Board (CREB). In total, 2,729 units sold last month; however, despite record levels reported over the last...
by Ray Ferris | Aug 30, 2023 | Advice for Agents, Boards & Associations, News
Phase 2 of the Trust in Real Estate Services Act (TRESA) comes into force on Dec. 1, and it will impact how Ontario’s 96,000 realtors do business. TRESA replaces the decades-old Real Estate and Business Broker’s Act (REBBA), and three of the most...
