by Emma Caplan-Fisher | Feb 20, 2024 | Advice for Agents, News
Canada’s primary rental market is facing major challenges, as large demand continues to outpace available supply. This has weakened affordability and caused record-low rental vacancy rates, as indicated in Canada Mortgage and Housing Corporation (CMHC)’s latest Rental...
by Daniel Foch | Feb 15, 2024 | Boards & Associations, Columnists
Is Canadian real estate in recovery mode yet? Only time will tell, but this year is off to a decent start for those hoping that is the case. Based on dollar volume (total value of all real estate sold), we just saw the third-strongest January on record. But, it’s...
by REM Editorial Team | Feb 8, 2024 | News
Canada’s primary rental market faced significant challenges in 2023, as robust rental demand continued to outstrip the available supply. This has led to diminished affordability and a historic low in vacancy rates, as the latest Rental Market Report (RMR) by...
by REM Editorial Team | Jan 22, 2024 | News
A recent report from Engel & Völkers indicates that Canada’s premium markets of Halifax, Montréal, Ottawa, Toronto and Vancouver are adjusting and moving closer to normal conditions. Here are the top national trends affecting these large, premium markets. ...
by Matthew Thornton | Jan 16, 2024 | Guest Columns
Homeownership in Canada is in retreat. Historically, our nation had one of the highest homeownership rates in the Western world, peaking in 2011 at 69 per cent of Canadian households, as Statistics Canada reports. But, thanks to the housing affordability crisis, the...