by REM Editorial Team | Oct 31, 2024 | News
Calgary’s real estate market saw a significant decline in overbidding activity in this year’s third quarter (Q3), with only 10 per cent of neighbourhoods experiencing homes selling above asking, compared to 54 per cent in the second quarter, according to an analysis...
by REM Editorial Team | Oct 10, 2024 | News
The latest Royal LePage House Price Survey reveals that the aggregate price of a home in Canada increased by 1.6 per cent year-over-year to $815,500 in this year’s third quarter. While this reflects a modest annual gain, the national home price experienced a 1.1 per...
by REM Editorial Team | Aug 19, 2024 | News
The Greater Toronto Area (GTA) housing market saw a noticeable drop in bidding competition this July, marking the fourth consecutive month of decline, according to Wahi. Only 14 per cent of GTA neighbourhoods experienced overbidding, down from 27 per cent in June, as...
by REM Editorial Team | Aug 6, 2024 | Boards & Associations, News
Now that the busy spring market is behind us, Calgary is beginning to see some shifts in supply levels, the Calgary Real Estate Board (CREB) reports. July recorded 2,380 sales and 3,604 new listings, resulting in a sales-to-new listings ratio of 66 per cent, which has...
by REM Editorial Team | Jul 31, 2024 | News
This year, the housing market has experienced slower-than-expected sales levels and a significant increase in property listings. Although this has helped stabilize prices in many markets, some still experienced notable price hikes, as a Zoocasa study of Canadian Real...