by Jonathan Cooper | Feb 21, 2024 | Guest Columns
In the fall of 2023, with a stroke of the legislative pen, British Columbia’s government rezoned most single-family neighbourhoods in the province to permit 3 to 6 units per lot. Policy move to address ‘missing middle’ It’s an ambitious and...
by Emma Caplan-Fisher | Feb 20, 2024 | Advice for Agents, News
Canada’s primary rental market is facing major challenges, as large demand continues to outpace available supply. This has weakened affordability and caused record-low rental vacancy rates, as indicated in Canada Mortgage and Housing Corporation (CMHC)’s latest Rental...
by REM Editorial Team | Feb 6, 2024 | News
Major Canadian markets and migration across the country has changed, thanks to growing affordability issues — which land transfer taxes and new property assessments are contributing to, according to Re/Max Canada’s 2024 Tax Report. The report emphasizes the need for...
by Christopher Alexander | Jan 29, 2024 | Boards & Associations, Guest Columns
The Canadian Real Estate Association (CREA) released its housing market statistics for the final month of 2023 last week, closing out a year that can be defined as, if anything, “unpredictable.” According to CREA’s December report, 2023 ended with a jump in sales and...
by REM Editorial Team | Jan 12, 2024 | News
Canada’s national benchmark price for homes hit its 2023 peak last June, at $760,600, before it made a downturn over the following five months, according to the Canadian Real Estate Association. Many of the country’s major markets have followed suit, including...