by REM Editorial Team | Oct 8, 2024 | Boards & Associations, News
Home sales in Metro Vancouver decreased by 3.8 per cent year-over-year in September, signaling that recent reductions in borrowing costs have yet to significantly boost demand, Greater Vancouver Realtors (GVR) reports. The region saw 1,852 residential sales in...
by REM Editorial Team | Oct 3, 2024 | Boards & Associations, News
Last month, the Calgary Real Estate Board (CREB) reported that climbing sales in higher price ranges couldn’t fully offset the decline in lower-priced homes. This led to 2,003 sales — 17 per cent below last year’s record. However, sales were still over 16...
by The Canadian Real Estate Investor Podcast | Sep 20, 2024 | Boards & Associations, Columnists
There’s an interesting pattern emerging in Canadian real estate: ever since the Bank of Canada’s first rate cut, home sales have increased as buyers get improved affordability, though still well below the long-term average. Price recovery is still yet to be found, and...
by REM Editorial Team | Sep 19, 2024 | News
Luxury real estate in Canada’s biggest markets has been stable, with fewer price fluctuations compared to the mainstream housing market. The 2024 Royal LePage Carriage Trade Luxury Market Report, released today, notes that luxury home sales were up in the first eight...
by REM Editorial Team | Sep 13, 2024 | Boards & Associations, News
The Ottawa real estate market saw increased activity in August, with 1,100 homes sold, the Ottawa Real Estate Board (OREB) reports. This marks a 10.2 per cent rise compared to August 2023, though sales remained below both the five-year (-11.4 per cent) and 10-year...
