by REM Editorial Team | Mar 14, 2024 | News
The dream of owning an affordable home in Ontario is becoming increasingly challenging, according to new data released by the Municipal Property Assessment Corporation (MPAC). Over the past decade, communities with homes priced under $500,000, and in some areas under...
by REM Editorial Team | Mar 4, 2024 | News
Canada’s real estate market has seen much change over the last 10 years, thanks to interest rate changes, economic fluctuations, immigration increases, the impact of a global pandemic and more. The one thing that’s been constant though is the persistent rise of home...
by REM Editorial Team | Feb 22, 2024 | News
A new report by Royal LePage delves into the purchasing power of a budget hovering around $1 million in Canada’s major housing markets, shedding light on the evolving landscape of real estate affordability. Key findings The report notes that the...
by REM Editorial Team | Jan 15, 2024 | News
During Q4 of 2023, the aggregate Canadian home price increased 4.3 per cent year-over-year to $789,500, Royal LePage reports in its House Price Survey. Quarter-over-quarter, the national aggregate home price decreased by 1.7 per cent, which illustrates that higher...
by REM Editorial Team | Dec 21, 2023 | News
Buyer uncertainty and less affordability were two main themes of this year’s housing market, much in part due to the Bank of Canada’s interest rate hikes. Inventory increased to more usual levels across the country but, at the same time, sales slowed down. But, with...
