by REM Editorial Team | Sep 15, 2023 | News
Toronto’s real estate landscape has been nothing short of tumultuous, as Desjardins economists shed light on the rollercoaster ride of housing prices in Canada’s largest city and where we could go from here. With soaring home prices during the pandemic...
by REM Editorial Team | Aug 17, 2023 | News
Canada’s housing starts trendline registered its second consecutive monthly increase in July. According to the Canada Mortgage and Housing Corporation (CMHC), the trend measure, which is a six-month moving average of the monthly seasonally adjusted annual rate...
by REM Editorial Team | Jul 25, 2023 | News
The Teranet-National Bank Composite House Price Index (HPI) jumped 2.2 per cent in June, marking not only the third consecutive monthly rise but also the most significant price jump in a single month since November 2006. Broad-based growth: 81% of cities see...
by Daniel Foch | Jul 13, 2023 | Columnists
The Bank of Canada delivered another 25 basis points to the economy Wednesday — increasing the central bank’s overnight rate to 5.0 per cent. This furthered a historic tightening in monetary policy that brought interest rates from record lows back to rates we...
by REM Editorial Team | Jun 28, 2023 | News
The Canadian housing market has experienced a “huge” second quarter (Q2), surpassing expectations with soaring home sales and average prices. However, economists at TD Economics are cautioning for a potential decline in sales during the latter half of...
