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...
by Daniel Foch | Jul 17, 2023 | Columnists
The quarterly number of homes sold in Canada just increased for the first time since 2021. Transactions in June 2023 came in 4.7 per cent above June 2022 — the largest jump in two years, according to CREA’s June data. Perhaps the resurrection in...
by REM Editorial Team | Jul 13, 2023 | Boards & Associations, News
Home sales eased across Saskatchewan’s housing market in June, but remain above the long-term averages, according to the latest report from the Saskatchewan Realtors Association (SRA). With 1,691 sales reported across the province, there was a six per cent...
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...
