by REM Editorial Team | Oct 18, 2024 | News
For the first time since March, the share of Greater Toronto Area (GTA) neighbourhoods experiencing overbidding has increased, signalling growing competition for single-family homes. According to a recent analysis from Wahi, 13 per cent of the 284 neighbourhoods with...
by REM Editorial Team | Aug 15, 2024 | News
A new report from Re/Max Canada reveals that the detached housing market in the Greater Toronto Area (GTA), Greater Vancouver and Fraser Valley is being fueled primarily by investors and move-up buyers. With first-time homebuyers increasingly priced out of these...
by REM Editorial Team | Jun 12, 2024 | News
Last month, 36 per cent of Greater Toronto Area (GTA)’s neighbourhoods were in overbidding territory, which declined for the second month in a row, after being at 39 per cent in April and 43 per cent in March, Wahi reports. A year ago, it was significantly higher at...
by REM Editorial Team | Apr 11, 2024 | News
Last month, the Greater Toronto Area (GTA)’s housing market witnessed a surge in overbidding, continuing the trend set in February, according to Wahi’s latest Market Pulse Report. Yet, as recently as January, no GTA neighbourhoods were experiencing...
by REM Editorial Team | Mar 12, 2024 | News
In February, the Greater Toronto Area (GTA) saw 25 per cent (76 of 303 total) of its neighbourhoods get into overbidding territory, from 0 per cent the month before, Wahi reports. An additional 5.6 per cent (17 neighbourhoods) were selling at asking price, while 69.3...