by Anthony Marcusa | Feb 12, 2024 | News
The 2024 buying season kicked off early this year, as hopeful homeowners all across Canada looked to take advantage of an opportunistic environment for the first time since the early pandemic. With Bank of Canada interest rates holding for the fourth consecutive time,...
by REM Editorial Team | Jan 15, 2024 | News
During Q4 of 2023, the aggregate Canadian home price increased 4.3 per cent year-over-year to $789,500, Royal LePage reports in its House Price Survey. Quarter-over-quarter, the national aggregate home price decreased by 1.7 per cent, which illustrates that higher...
by REM Editorial Team | Dec 19, 2023 | News
With interest rates and inflation rising high over the last few years, Canadians have gone through some tough times — to the point that many are holding their real estate plans, whether buying or selling. Although the Bank of Canada announced its final rate hold of...
by REM Editorial Team | Nov 3, 2023 | News
Canada’s housing market has been pretty quiet over the last several months, thanks to high prices and interest rates. As shared by BNN Bloomberg, Re/Max Canada’s president, Christopher Alexander, believes this will continue until 2024, with some markets performing...
by REM Editorial Team | Oct 26, 2023 | News
Since March of last year, the Bank of Canada has raised interest rates an unprecedented nine times. Not only that, but the rates themselves have swung from historic lows to a 20-year high. Resulting monthly expenses have been just too steep for many mortgage holders....
