by The Canadian Real Estate Investor Podcast | Oct 23, 2024 | Columnists, News
This morning, the Bank of Canada (BoC) surprised the market by announcing a 50 basis point (bps) cut in its benchmark interest rate, bringing it down from 4.25 per cent to 3.75 per cent. As homeowners and potential buyers digest this news, the primary question on many...
by REM Editorial Team | Aug 15, 2024 | News
A new report from Re/Max Canada reveals that the detached housing market in the Greater Toronto Area (GTA), Greater Vancouver and Fraser Valley is being fueled primarily by investors and move-up buyers. With first-time homebuyers increasingly priced out of these...
by REM Editorial Team | Jul 19, 2023 | News
Existing homeowners across Canada have been the driving force behind the country’s housing market gains, as move-up buyers took advantage of the temporary pause in interest rate hikes by the Bank of Canada (BoC) in the first half of the year. According to...
