by REM Editorial Team | Nov 11, 2024 | News
Canada is slashing the number of immigrants it welcomes into the country and experts believe it could significantly reduce demand in the country’s housing market over the coming years. In October, the government announced plans to reduce the projected number of new...
by Danny Kucharsky | Nov 8, 2024 | News
More sellers are cancelling their listings as they wait for interest rates to come down, according to economist Daren King of National Bank Financial Markets. In Ontario about 36 per cent of listings were cancelled in September, King says, far more than the 25 per...
by REM Editorial Team | Nov 8, 2024 | Boards & Associations, News
Home sales in Metro Vancouver jumped 31.9 per cent in October compared with the same month last year, according to Greater Vancouver Realtors (GVR). The real estate board says the strong sales are a sign buyers may be responding to lower interest rates. “To some...
by Daniel Foch | Nov 6, 2024 | Boards & Associations, News
A lukewarm attempt at recovery seems to be appearing in Toronto’s real estate market. For the first time in a while, it seems that demand has been able to outgrow supply. According to October data from the Toronto Regional Real Estate Board, active listings are still...
by REM Editorial Team | Nov 5, 2024 | News
Photo: CIndy Avis team, courtesy Royal LePage Former top ReMax agent Cindy Avis has made the move to Royal LePage, joining forces with prominent Realtor George Niblock to form the Niblock Avis Team. Avis, previously with ReMax for 26 years, and her team have...
by REM Editorial Team | Nov 4, 2024 | News
The latest data from RBC Economics suggests that, following October’s half-point rate cut, a second consecutive 50-basis-points reduction from the Bank of Canada is likely to land in December. The Big Five bank anticipates that further easing could gradually revive...
