by REM Editorial Team | Mar 6, 2024 | News
For both singles and couples, getting into the market for the first time can be a huge challenge these days, particularly in 16 major Canadian cities with benchmark home prices well above $1 million. A study from Point2 found that all hope is not lost though. It says...
by REM Editorial Team | Mar 5, 2024 | News
Over the past two years, the rising cost of borrowing has led many Canadians to reconsider their plans to buy a home. A recent survey by Royal LePage, conducted by Leger, reveals that since the Bank of Canada started increasing its key lending rate in March 2022, 27...
by REM Editorial Team | Mar 4, 2024 | News
Canada’s real estate market has seen much change over the last 10 years, thanks to interest rate changes, economic fluctuations, immigration increases, the impact of a global pandemic and more. The one thing that’s been constant though is the persistent rise of home...
by REM Editorial Team | Mar 1, 2024 | Boards & Associations, News
The British Columbia Real Estate Association (BCREA) reports 3,979 residential unit sales were made in January this year, an increase of 29.4 per cent from the same time in 2023. In January, B.C.’s average MLS residential price was up 10.5 per cent at $957,909...
by REM Editorial Team | Feb 29, 2024 | News
Many of those who bought a single-family home in 2022 may be dealing with a rude awakening of their investment losing value as of last year. Point2 analyzed 67 Canadian cities and found the values of single-family homes in 18 of them, along with condominiums in 26,...
by REM Editorial Team | Feb 29, 2024 | Announcements
Today, Calgary’s Chhabra Group left Re/Max for eXp Realty. Led by 33-year-old Sahil Chhabra, a Re/Max First Rookie of the Year in 2020, the team has been successfully serving diverse clients across all market and language demographics. In four years with Re/Max,...
