by Cindy Freiman | Nov 25, 2024 | News
Housing industry experts agree that new mortgage rules taking effect on Dec. 15, 2024, will have a positive impact on the road to recovery for the Canadian housing market. However, their effectiveness will likely be short-lived, hindered by several factors. The two...
by REM Editorial Team | Nov 19, 2024 | News
With interest rates trending downward, there’s renewed optimism among sellers and buyers eyeing Canada’s picturesque ski destinations for their winter getaways. Royal LePage projects the average home price in popular ski regions to exceed $1 million over the next...
by Daniel Foch | Nov 18, 2024 | Columnists, News
The Canadian real estate market experienced a relatively large burst of momentum in October 2024, with home sales activity reaching its highest level since April 2022. For the first time since the Bank of Canada’s interest rate hikes, monthly home sales broke above...
by REM Editorial Team | Nov 14, 2024 | News
Homeownership is becoming a pipe dream for most Canadians, according to a new survey released by Habitat for Humanity Canada. Four in five Canadians now say that buying a home feels like a luxury, while 88 per cent of renters say the goal of owning a home in Canada...
by REM Editorial Team | Nov 13, 2024 | News
For the first time since July 2021, average asking rents for all residential property types in Canada saw an annual drop in October. According to the latest report from Rentals.ca and Urbanation, rents dropped 1.2 per cent compared to October 2023, bringing the...
