by REM Editorial Team | Mar 6, 2024 | News
For both singles and couples, getting into the market for the first time can be a huge challenge these days, particularly in 16 major Canadian cities with benchmark home prices well above $1 million. A study from Point2 found that all hope is not lost though. It says...
by REM Editorial Team | Feb 22, 2024 | News
A new report by Royal LePage delves into the purchasing power of a budget hovering around $1 million in Canada’s major housing markets, shedding light on the evolving landscape of real estate affordability. Key findings The report notes that the...
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...
