by REM Editorial Team | Jul 11, 2023 | News
The Bank of Canada’s June rate hike and the potential for another increase in July have elicited mixed reactions across local housing markets, according to early reports from real estate boards. RBC Economists Robert Hogue and Rachel Battaglia looked at the...
by REM Editorial Team | Jul 6, 2023 | News
The Bank of Canada’s rate hike pause brought homebuyers some relief in the first quarter (Q1) of 2023. According to a report by RBC Economist Robert Hogue, the pause in monetary tightening stabilized mortgage rates and allowed for a correction in home prices,...
by REM Editorial Team | Jun 30, 2023 | News, Technology
HouseSigma, a Canadian proptech company, has recently announced its expansion into Alberta, bringing its suite of online tools to the region’s real estate market. Following its launch in Toronto in 2018 and subsequent expansion into British Columbia, HouseSigma...
by REM Editorial Team | Jun 28, 2023 | News
The Canadian housing market has experienced a “huge” second quarter (Q2), surpassing expectations with soaring home sales and average prices. However, economists at TD Economics are cautioning for a potential decline in sales during the latter half of...
by REM Editorial Team | Jun 26, 2023 | Legal Issues
First-time homebuyers in Canada are increasingly concerned about their ability to afford the homes they desire due to financial constraints, according to a recent survey conducted by Environics Research on behalf of Sagen in collaboration with Royal LePage. The...
