by REM Editorial Team | Jun 28, 2023 | News
The Canadian housing market has experienced a “huge” second quarter (Q2), surpassing expectations with soaring home sales and average prices. However, economists at TD Economics are cautioning for a potential decline in sales during the latter half of...
by Cindy Freiman | Nov 9, 2022 | News
There is an immediate concern about payment shock for Canadians in variable-rate mortgages and future unease for fixed-rate borrowers at mortgage renewal due to high inflation resulting in increased interest rates. The Bank of Canada (BoC) raised its overnight rate...
by Nick Axford | Nov 8, 2022 | Guest Columns
The Bank of Canada (BoC) has been leading the charge by global central banks in raising interest rates to tackle inflation. Last week, it announced a 50-basis point (bps) increase which took the target rate to 3.75 per cent – well above its estimate of the...
by Brianna Frith | Nov 1, 2022 | Guest Columns
As interest rates continue to rise, so does the level of concern for investors in the market. Many are wondering if this is the start of a market crash, though not everyone is scared. Some see this as an opportunity to invest in real estate while the prices remain...
