by Cindy Freiman | Nov 25, 2024 | News
Housing industry experts agree that new mortgage rules taking effect on Dec. 15, 2024, will have a positive impact on the road to recovery for the Canadian housing market. However, their effectiveness will likely be short-lived, hindered by several factors. The two...
by Brendon Ogmundson | Nov 6, 2024 | Columnists
When it comes to housing policy, there are never easy answers, and there are always trade-offs that need to be balanced. When the federal government recently announced increasing amortizations to 30 years for first-time homebuyers along with increasing the cap on...
by Ross McCredie, CEO, Sutton Group | Oct 18, 2024 | Guest Columns
The British Columbia election is making headlines and capturing attention throughout the province, yet the proposed solutions to address one of the most pressing issues — housing affordability — have largely missed the mark. Conservative plans: ‘Rustad Rebate’,...
by REM Editorial Team | Sep 26, 2024 | News
A new survey from Wahi that explored what type of home Canadians would most like to buy reveals that many homebuyers still dream of owning a renovated single-family home in the suburbs, despite ongoing affordability challenges. Single-family homes preferred...
by REM Editorial Team | Sep 25, 2024 | Announcements, Boards & Associations
On September 16, the Ontario government announced a formal consultation process to implement pay-on-demand surety bonds as an alternative to Letters of Credit (LOCs) for home builders. The Ontario Home Builders’ Association (OHBA) recognizes this is a...