by REM Editorial Team | Aug 30, 2023 | Boards & Associations, News
The British Columbia Real Estate Association (BCREA) has unveiled its 2023 Third Quarter Housing Forecast Update, shedding light on the dynamic state of the province’s housing market. In the face of unexpected challenges such as rising interest rates, the...
by REM Editorial Team | Aug 18, 2023 | Boards & Associations, News
The Calgary Real Estate Board (CREB) has unveiled its 2023 Housing Market Report for the second quarter (Q2) of 2023, providing insight into the evolving landscape of the city’s real estate market. While the report acknowledges a slowdown in sales activity...
by Daniel Foch | Aug 16, 2023 | Boards & Associations, Columnists
Canada’s real estate market continued to cool in July, despite the summer heat. Months of inventory rose for the first time after falling for seven consecutive months since January. Sales-to-new listings ratio continued its steep downtrend for the fourth...
by REM Editorial Team | Aug 8, 2023 | Boards & Associations, Letters to the Editor
Editor’s note: In the interest of safeguarding the author’s well-being and preserving an open environment for diverse opinions, we have chosen to publish the following letter anonymously. We would like to assure our readers that the author’s...
by REM Editorial Team | Aug 3, 2023 | Boards & Associations, News
Home prices in Metro Vancouver continued to rise across all property types in July, according to new data from the Real Estate Board of Greater Vancouver (REBGV). Residential home sales soared to 2,455 in July 2023, representing a 28.9 per cent year-over-year...
by REM Editorial Team | Aug 3, 2023 | Boards & Associations, News
The Ontario government has announced that Phase 2 of the Trust in Real Estate Services Act (TRESA) will come into force on Dec. 1. According to a statement from Tim Hudak, CEO of the Ontario Real Estate Association (OREA), TRESA represents the “most substantial...
