by REM Editorial Team | Oct 21, 2022 | News
Home prices in Canada fell 3.1 per cent from August to September, according to Teranet-National Bank House Price Index, posting the largest monthly decline since the index began in 1999. The most significant price declines were in: Victoria (-5.9 per cent), Vancouver...
by Kunal Sawhney | Sep 2, 2021 | Columnists
Opportunity cost is an important concept in the world of finance. Institutional investors that played a key role in the housing market growth in the U.S. and Canada understand the significance of “forgone benefit”. This class invests in different assets to derive...
by Yousaf Iqbal | Aug 31, 2021 | Columnists
I have some data in front of me that compares today’s home prices in 21 global cities to those same cities’ prices before the COVID-19 pandemic. The numbers make clear that Canada’s rapidly rising home prices are no anomaly. In fact, in three out of four of the...
by Natalka Falcomer | Nov 7, 2019 | Columnists, Featured
Altus Group, CREA and the country’s real estate boards have just created Canada’s first truly national MLS Home Price Index. It’s a big deal and it’s important for all Realtors to know why. Our hyper-connected, fast-paced online world has spun a new breed of buyers...
by REM Editorial Team | Oct 9, 2019 | Boards & Associations
Altus Group is partnering with CREA and several large real estate boards to expand the Home Price Index nationally. Altus Group developed the technology that powers the MLS Home Price Index in 2009. It analyzes all of the sales data from a board or association’s MLS...
