by Brandon Reay | Jul 18, 2025 | Boards & Associations, Columnists
In May 2025, just 42 new condominium apartments were sold in the City of Toronto. That’s a 69 per cent drop year-over-year, and a staggering 97 per cent below May 2021. Across the entire GTA, only 345 new homes sold: 208 single-family and 137 condos. According to...
by Nicole Lechter | Jul 18, 2025 | Guest Columns
Canada’s housing market is stabilizing—but not for long. Home prices in Ontario and B.C. are down 2.9 per cent and 2.4 per cent, respectively, and sales are expected to slip further in 2025. The Canadian Real Estate Association (CREA) forecasts both provinces will...
by Eric Stober | Jul 14, 2025 | News
After a wave of rapid expansion, Canada’s condominium market is facing a dramatic reversal, as a glut of unsold inventory and a sharp retreat by investors have triggered a sector-wide slowdown. A report from the Canada Mortgage and Housing Corporation in June found...
by Ludovic Viger | Jul 11, 2025 | Community, Guest Columns, News
Canada’s housing crisis is a national emergency. From Vancouver’s million-dollar homes to Toronto’s soaring rents and Halifax’s tightening market, affordable housing is out of reach for millions. The Canada Mortgage and Housing Corporation (CMHC) estimates a need for...
by REM Editorial Team | Jul 9, 2025 | News
Rental supply has been rising across Canada, putting downward pressure on advertised rents in cities most vulnerable to the “headwinds” brought on by sluggish migration and a slowing labour market, according to a new report by Canada Mortgage and Housing Corporation....
