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 | Jun 19, 2024 | News
Wahi’s 2024 Homebuyer Intentions survey found that two of the top reasons Canadians sell their homes are about size. Contradictory to much talk about high living costs and interest rates, affordability wasn’t a top motivator. The survey asks Canadians if they plan to...
by REM Editorial Team | Jun 12, 2024 | News
Last month, 36 per cent of Greater Toronto Area (GTA)’s neighbourhoods were in overbidding territory, which declined for the second month in a row, after being at 39 per cent in April and 43 per cent in March, Wahi reports. A year ago, it was significantly higher at...
by REM Editorial Team | May 24, 2024 | News
Despite widespread affordability challenges and high interest rates, the real estate market in Calgary has been very strong, with 92 homes in 49 per cent of its neighbourhoods selling for above asking price between January and April, according to Wahi’s inaugural...
by REM Editorial Team | May 9, 2024 | News
The GTA’s condominium apartment sales increased in the year’s first quarter to 4,747, compared to the same period of 2023 and up 5.3 per cent year-over-year, the Toronto Regional Real Estate Board (TRREB) reports. Plus, new condominium listings increased by 23 per...