by REM Editorial Team | Aug 6, 2024 | Boards & Associations, News
Now that the busy spring market is behind us, Calgary is beginning to see some shifts in supply levels, the Calgary Real Estate Board (CREB) reports. July recorded 2,380 sales and 3,604 new listings, resulting in a sales-to-new listings ratio of 66 per cent, which has...
by REM Editorial Team | Aug 2, 2024 | News
Unprecedented population growth is dramatically changing Canada’s conventional and luxury real estate market, according to Sotheby’s International Realty Canada’s Top-Tier Real Estate: 2024 Mid-Year State of Luxury Report. Statistics Canada data reveals that all major...
by REM Editorial Team | Aug 2, 2024 | Announcements
Century 21 Assurance Realty recently announced it will open two new offices in British Columbia’s growing southern Interior region — one in Kamloops and the other in Vernon. With two offices and 100 agents in Kelowna and Castlegar, the brokerage has been a part of...
by REM Editorial Team | Aug 1, 2024 | News
The Bank of Canada (BoC) lowered its benchmark rate for the second time in two months on July 24. With government bond yields also dropping, current mortgage rates have hit their lowest point in 17 months. Though some expect these lower rates to stimulate the real...
by Susan Doran | Jul 31, 2024 | News
There’s speculation that Canada’s housing market is headed in a direction that will land us in a foul-up similar to much of Europe, with housing prices so out of reach that many people will never be able to afford a home unless they inherit one. In a country like...
by REM Editorial Team | Jul 31, 2024 | News
This year, the housing market has experienced slower-than-expected sales levels and a significant increase in property listings. Although this has helped stabilize prices in many markets, some still experienced notable price hikes, as a Zoocasa study of Canadian Real...
