by REM Editorial Team | Jul 22, 2024 | News
In Canada, conversations about the housing market often centre around price, which is a key determinant for many buyer decisions. Many households have trouble getting into the market, considering the national average home price was $696,179 in June. That being said,...
by REM Editorial Team | Jul 19, 2024 | News
Last month, the GTA’s share of neighbourhoods in overbidding territory declined for the third month in a row, despite the Bank of Canada’s interest rate cut. 25-basis-point cut not enough ‘to jolt more life into a housing market facing affordability...
by REM Editorial Team | Jul 19, 2024 | Announcements
Photo from left to right: Aiden Spafford, Carrie Patrick (CKAR president), Xavier Lemky, Liam Cobb Each year, the Chatham-Kent Association of Realtors (CKAR) awards scholarships to graduates from the families of their members for post-secondary education. The...
by REM Editorial Team | Jul 18, 2024 | News
Engel & Völkers recently released its 2024 Mid-Year Luxury Real Estate Market Report, highlighting that luxury properties in Halifax, Ottawa, Toronto and Vancouver are outperforming market trends in the $1 million-plus market segment. The report addresses...
by REM Editorial Team | Jul 17, 2024 | News
Buying a condominium might be easier than purchasing a single-family home, especially for first-time buyers. Traditionally, two incomes are better for achieving homeownership dreams. However, a new trend is emerging among Canadian homebuyers, as a recent Point2 survey...
by REM Editorial Team | Jul 16, 2024 | News
The vast majority of Canadian homeowners (94 per cent) plan to remain in their current homes for at least the next year, a report by Angus Reid and Financeit finds. Nearly a quarter of them note the higher costs of living as their reasoning. Despite the Bank of...