by REM Editorial Team | Aug 8, 2025 | News
Canada’s average asking rent took another step down in July, the tenth consecutive month for year-over-year decreases. The national average asking rent last month was $2,121, down $4 from June and $80 from July 2024, according to the latest National Rent Report by...
by REM Editorial Team | Aug 8, 2025 | Boards & Associations, News
Home sales in Greater Montreal swelled 10 per cent year-over-year in July, says Quebec Professional Association of Real Estate Brokers. More than 3,700 homes changed hands last month, with prices climbing and overbidding – where there are multiple offers and the...
by REM Editorial Team | Aug 6, 2025 | Boards & Associations, News
Homebuyers are getting off the sidelines in Vancouver this summer, with a two-month streak of promising home sale activity, according to Greater Vancouver Realtors. Home sales in the region totalled 2,286 in July, down two per cent year-over-year. “The June data...
by REM Editorial Team | Aug 5, 2025 | Boards & Associations, News
Housing inventory in Calgary reached 6,917 units in July, a level not seen since before the pandemic, as supply in the city’s newer communities comes online. According to the Calgary Real Estate Board (CREB), inventory levels climbed 66 per cent from the same period...
by REM Editorial Team | Aug 5, 2025 | Boards & Associations, Legal Issues, News
The Quebec Professional Association of Real Estate Brokers (QPAREB) says recent regulatory reforms to co-ownership are a sign of progress, but the group is advocating for changes it says are crucial to transparency in condo transactions. Bill 16 in Quebec is...
by REM Editorial Team | Aug 4, 2025 | News
Canada’s social and affordable rental housing stock is aging, and many units require repairs, as rent prices continue to increase, according to new data from the Canada Mortgage and Housing Corporation (CMHC). The findings, based on survey responses and...
