by REM Editorial Team | Dec 4, 2024 | News
The Calgary Real Estate Board says November home sales remained on par with last year’s levels, as gains in detached, semi-detached and row home sales balanced out a drop in condo sales. A total of 1,797 homes were sold last month, up 0.8 per cent from November 2023...
by Daniel Foch | Nov 18, 2024 | Columnists, News
The Canadian real estate market experienced a relatively large burst of momentum in October 2024, with home sales activity reaching its highest level since April 2022. For the first time since the Bank of Canada’s interest rate hikes, monthly home sales broke above...
by REM Editorial Team | Nov 8, 2024 | Boards & Associations, News
Home sales in Metro Vancouver jumped 31.9 per cent in October compared with the same month last year, according to Greater Vancouver Realtors (GVR). The real estate board says the strong sales are a sign buyers may be responding to lower interest rates. “To some...
by The Canadian Real Estate Investor Podcast | Oct 22, 2024 | Boards & Associations, News
The Canadian Real Estate Association (CREA) released its quarterly forecast on October 15 and, as it turns out, it’s a mixed bag. There’s cautious optimism as national home sales are expected to see a modest recovery, and interest rates are forecasted to drop...
by REM Editorial Team | Oct 16, 2024 | Boards & Associations, News
The Canada Mortgage and Housing Corporation (CMHC) recently reported that Ottawa’s “population-adjusted construction is at its lowest level in nearly 10 years.” A City of Ottawa progress report shows that Ottawa is only at 22 per cent of its annual housing target at...
