by REM Editorial Team | Oct 30, 2023 | News
They say you can have too much of a good thing, and that could be exactly what’s happening in some Canadian housing markets – those suddenly well-stocked will be seeing even more inventory in the coming months. Data from the Canada Mortgage and Housing Corporation...
by REM Editorial Team | Oct 24, 2023 | News
A survey conducted by WealthRocket found that if the Bank of Canada raises interest rates again, over one-third (35 per cent) of Canadian mortgage holders will have to make a financial situation change, which could include housing and employment. Big changes...
by REM Editorial Team | Oct 6, 2023 | News
New home construction increased slightly in the first half of 2023, mostly due to a surge in new apartment builds in Toronto and Vancouver, according to a new report from Canada Mortgage and Housing Corporation (CMHC). Overall, housing supply across the six cities...
by REM Editorial Team | Jul 19, 2023 | News
Canadian housing starts saw a remarkable turnaround in June, as the declining trend observed over the past months was reversed. According to the Canada Mortgage and Housing Corporation (CMHC), the month witnessed a notable increase in actual housing starts, marking a...
by REM Editorial Team | Jun 21, 2023 | News
Canada’s construction industry is facing a severe labour shortage that threatens to exacerbate the already pressing housing shortage and affordability crisis, warns a recent report by Benjamin Tal, an economist with CIBC Economics. The report highlights the...
