by REM Editorial Team | Dec 16, 2024 | News
Average asking rents for residential properties in Canada fell to $2,139 in November, marking a 15-month low, according to the National Rent Report by Rentals.ca and Urbanation. This represents a 1.6 per cent year-over-year drop and a 0.6 per cent decrease compared to...
by REM Editorial Team | Dec 13, 2024 | News
In the coming decade, average condo prices in some of Canada’s largest cities—including Toronto, Vancouver and Halifax—are expected to cross the $1-million mark. While condos have long been viewed as the most accessible entry point to the housing market, data analysis...
by Mark Morris | Nov 29, 2024 | Guest Columns
The Canada Mortgage and Housing Corporation (CMHC) mortgage loan insurance program is a government-backed initiative that allows homebuyers to purchase properties with less than a 20 per cent down payment. Initially designed to help Canadians without significant...
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...
