by REM Editorial Team | Jun 20, 2024 | News
Nearly one-third of Canadians now live in rental accommodations, with the trend increasing as housing affordability remains a challenge. According to a recent Royal LePage survey, 27 per cent of current renters plan to purchase a property within the next two years, a...
by REM Editorial Team | Jun 6, 2024 | News
Strong population growth and housing supply issues are driving significant shifts in the Canadian commercial real estate market. Builders and developers are focusing on multi-family purpose-built rentals to address the housing shortage, a trend supported by incentives...
by REM Editorial Team | Jun 3, 2024 | News
The Canada Mortgage and Housing Corporation (CMHC)’s latest Residential Mortgage Industry Report (RMIR) shows the country’s total residential mortgage debt was at $2.16 trillion as of February, a 3.4 per cent increase from February 2023. This marks the slowest growth...
by REM Editorial Team | May 14, 2024 | News
Last week, Canada Mortgage and Housing Corporation (CMHC) released its 2024 Mortgage Consumer Survey which showed affordability and rising interest rates continue to be some of the biggest factors affecting mortgage consumers. In January, CMHC surveyed almost 4,000...
by George Carras | Apr 26, 2024 | Guest Columns
Canada’s housing supply is at a breaking point, and it’s time for an innovator’s mindset to overcome the barriers hindering progress. The business-as-usual approach is no longer working. Canada Mortgage and Housing Corporation (CMHC) has stated that Canada...
