by Danny Kucharsky | Oct 31, 2023 | News
Despite high carrying costs, condo investors in Vancouver and Toronto are hanging onto their properties. But, it’s often because there are few takers if they try to sell, realtors in both cities say. Listings for investment condos in Vancouver have increased and sales...
by Danny Kucharsky | Oct 26, 2023 | Advice for Agents, News, Sales & Marketing
Power of sale (POS) opportunities are ballooning in the Toronto area and private lenders “are up to their ears in files of defaults,” says a realtor who has handled six cases over the last three months. Power of sales becoming more widespread These types...
by REM Editorial Team | Sep 13, 2023 | News
The Greater Toronto Area’s (GTA) real estate market has witnessed a swift transformation, shifting from rampant overbidding earlier this year to a surge in underbidding in August. Wahi’s recent analysis reveals that 70 per cent of the 245 GTA...
by Daniel Foch | Aug 16, 2023 | Boards & Associations, Columnists
Canada’s real estate market continued to cool in July, despite the summer heat. Months of inventory rose for the first time after falling for seven consecutive months since January. Sales-to-new listings ratio continued its steep downtrend for the fourth...
by REM Editorial Team | Jun 29, 2023 | News
The Greater Toronto Area’s (GTA) new home market experienced a significant boost in May, marking the first year-over-year increase in over a year, according to the Building Industry and Land Development Association (BILD). With 3,109 new home sales recorded,...