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...
by REM Editorial Team | Dec 14, 2023 | News
Canadians may have become used to unprecedented irregularity in the real estate market, but things may be headed toward normal conditions next year, according to Royal LePage. Its Market Survey Forecast reports that in Q4 of 2024, the aggregate home price will...
by Daniel Foch | Oct 14, 2023 | Boards & Associations, Columnists
House prices have eased as the national home sales declined by 1.9 per cent between August 2023 and September 2023, according to data from the Canadian Real Estate Association. This is now the third month of decrease, and a very atypical and alarming scenario given...
by REM Editorial Team | Aug 4, 2023 | News
Canadian housing prices have experienced a slight decline due to rising interest rates, but experts assert that the market remains on a long-term upward trend, indicating no imminent freefall in sight. According to the seventh annual Price per Square Foot survey...
