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...
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...
