by The Canadian Real Estate Investor Podcast | Sep 20, 2024 | Boards & Associations, Columnists
There’s an interesting pattern emerging in Canadian real estate: ever since the Bank of Canada’s first rate cut, home sales have increased as buyers get improved affordability, though still well below the long-term average. Price recovery is still yet to be found, and...
by REM Editorial Team | May 6, 2024 | News
Despite high interest rates, Canadians are taking advantage of buyer’s markets across Canada that are showing up for the first time since the pandemic, a Zolo survey of 800 homeowners who bought in 2023 found. Much of the trends were a result of higher interest...
by The Canadian Real Estate Investor Podcast | Apr 15, 2024 | Boards & Associations, Columnists
The Canadian housing market showed little change in March 2024, with home sales and prices remaining mostly flat. Sales activity recorded through Canadian MLS systems edged up by 0.5 per cent month-over-month but remained below the average of the last 10 years. The...
by Jamie Burke | Dec 18, 2023 | Advice for Agents, News
The Fall 2023 Residential Mortgage Industry Housing Report from Canada Mortgage and Housing Corporation (CMHC) shows data that indicates an “increasing share of Canadians are struggling with their debt payments”. But that doesn’t mean Canadians are ready to talk...
by Daniel Foch | Nov 9, 2023 | Boards & Associations, Columnists
For the first time in decades, Toronto real estate is in a buyer’s market. October marks another month of bad records for Toronto real estate. With sales down 5.8 per cent since the same month last year, the region has posted one of the lowest numbers of October home...