by REM Editorial Team | Jan 17, 2025 | News
By most projections, the Canadian housing market is expected to see modest sales and price gains in 2025, but “it’s still a long way back to the 2022 highs,” according to BMO Senior Economist, Robert Kavcic. In BMO’s housing outlook for 2025, Kavcic predicts national...
by REM Editorial Team | Jan 16, 2025 | Boards & Associations, News
It’s official—Realtor.ca is now a standalone, wholly-owned taxable subsidiary of the Canadian Real Estate Association. On Jan. 6, the entity was legally formed and governance now falls to its transition board of directors. As part of the change, Patrick Pichette,...
by REM Editorial Team | Jan 15, 2025 | News
The influx of 471,771 new permanent residents in 2023—and a targeted 485,000 for 2024—was a transformative force in driving luxury real estate demand across Canada’s major cities, according to the Sotheby’s International Realty Canada Top-Tier Real Estate: 2024 State...
by REM Editorial Team | Jan 15, 2025 | News
Canadians are increasingly committed to homeownership this year, more so than in 2024, a recent survey by Wahi reveals. “The message from many Canadians is clear—they’re going to do what it takes to step onto the property ladder,” said Wahi CEO Benjy Katchen in a...
by REM Editorial Team | Jan 15, 2025 | Boards & Associations, News
Ottawa saw 613 homes sell in December 2024, 7.9 per cent more than the previous year, the Ottawa Real Estate Board (OREB) reports. This was 6.8 per cent below the five-year average and 2.7 per cent below the 10-year average for December. Year-to-date, sales totalled...
by REM Editorial Team | Jan 14, 2025 | News
The global public real estate (REITs) market is brimming with opportunity, according to Hazelview Investments’ 2025 Global Public Real Estate Outlook Report. Offering a detailed roadmap for investors, the report emphasizes robust fundamentals and compelling valuations...
