by REM Editorial Team | May 18, 2023 | News
In a positive sign for the Canadian real estate market, housing starts experienced a significant increase in April. According to the Canada Mortgage and Housing Corporation (CMHC), the standalone monthly seasonally adjusted annual rate (SAAR) of total housing starts...
by REM Editorial Team | Feb 16, 2023 | News
Title: Housing starts in Canada decline to lowest level since Sept. 2020 Excerpt: The decline in monthly starts was driven by Toronto and Vancouver, which experienced declines of 52% and 14%, respectively, according to CMHC Housing starts in Canada declined in...
by Mario Toneguzzi | Dec 5, 2022 | News
Beginning in the new year, non-Canadians will be subject to a two-year ban on purchasing homes in Canada. Many have said it wouldn’t impact the real estate market as foreign buyers represent a small number of annual transactions. But the impact could be severe...
by REM Editorial Team | Nov 29, 2022 | News
Housing supply and affordability have long been an issue plaguing this country. As the cost of living continues to rise with inflation, Canadians are struggling with the ballooning cost of putting a roof over their heads. The Canadian Mortgage and Housing Corporation...
by REM Editorial Team | Nov 17, 2022 | News
According to Canada Mortgage and Housing Corporation (CMHC), the rate of Canadian housing starts slowed in October. The national housing agency says the seasonally adjusted rates (SAAR) of total housing starts in Canada was down 11 per cent, to 267,055 units in...
