by Nick Perreten | Dec 28, 2023 | Guest Columns
Today, Canada faces two significant and intertwined challenges: the growing housing crisis that has left many Canadians unable to afford homes, and the need to accelerate a green transition to reduce our environmental footprint. In 2021, Statistics Canada reported...
by REM Editorial Team | Dec 21, 2023 | News
Buyer uncertainty and less affordability were two main themes of this year’s housing market, much in part due to the Bank of Canada’s interest rate hikes. Inventory increased to more usual levels across the country but, at the same time, sales slowed down. But, with...
by REM Editorial Team | Oct 25, 2023 | News
The Waterloo region – which includes the Cambridge, Kitchener, and Waterloo areas and their multiple neighbourhoods – has become one of the priciest housing markets in Ontario, says a report from Wahi.* Which locations stand out? The Kitchener suburb of...
by REM Editorial Team | Oct 2, 2023 | News
Due to a stronger-than-expected spring, homeownership costs in Canada saw a surprising uptick in the second quarter of this year, breaking a year-long trend of declining prices. The good news? The rise in property values was tempered slightly by a gain in household...
by REM Editorial Team | Aug 21, 2023 | News
The dichotomy between housing starts and sales is raising questions about the future of affordability in the housing sector, according to a recent report from Marc Desormeaux, principal economist at Desjardins. In July 2023, Canadian housing starts experienced a...
