by Daniel Foch | Jan 17, 2024 | Boards & Associations, Columnists
The recent history of Canadian real estate has been full of surprises. In 2022, we saw the biggest price drop in Canadian history. In 2023, we followed that up with the strongest spring market in Canadian history when measured by price growth from January to May. We...
by REM Editorial Team | Oct 12, 2023 | News
As the autumn chill sets in across the Greater Toronto Area (GTA), the region’s real estate market is experiencing equally frosty conditions. While property prices have remained relatively stable, declining interest from buyers has resulted in stiffer...
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 | Aug 2, 2023 | Boards & Associations, News
The Calgary real estate market continues to defy the national trend, reporting a record-setting July with 2,647 sales, marking an impressive 18 per cent increase year-over-year. According to the Calgary Real Estate Board (CREB), this reflects the strongest July...
by Daniel Foch | Jul 17, 2023 | Columnists
The quarterly number of homes sold in Canada just increased for the first time since 2021. Transactions in June 2023 came in 4.7 per cent above June 2022 — the largest jump in two years, according to CREA’s June data. Perhaps the resurrection in...