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...
by Jonathan Cooper | Apr 25, 2024 | Guest Columns
As political parties jockey for position in advance of the next federal election (taking place in October 2025, at the latest), the housing supply in Canada continues to be a major topic in the public discourse. Since the last election, the Liberal Government launched...
by REM Editorial Team | Apr 12, 2024 | News
In its House Price Survey released today, Royal LePage forecasts the aggregate price of a home in Canada will increase by 9 per cent in 2024’s fourth quarter, compared to the same period last year. This figure increased 4.3 per cent year over year to $812,100 in the...