by REM Editorial Team | May 9, 2024 | News
The GTA’s condominium apartment sales increased in the year’s first quarter to 4,747, compared to the same period of 2023 and up 5.3 per cent year-over-year, the Toronto Regional Real Estate Board (TRREB) reports. Plus, new condominium listings increased by 23 per...
by REM Editorial Team | Apr 25, 2024 | News
The majority of Canadians (76 per cent) who don’t own property feel that entering the housing market is out of reach, according to a recent CIBC poll. However, over half (56 per cent) of this group are still optimistic and hold on to the homeownership dream — though...
by Susan Doran | Apr 5, 2024 | News
Good luck, parents and grandparents hoping to get a pat on the back for those tall tales about the challenges you endured growing up. Now it’s millennials and Gen Z receiving all the sympathy for the hurdles they go up against. Fair or not, growing sentiment holds...
by REM Editorial Team | Feb 6, 2024 | News
Major Canadian markets and migration across the country has changed, thanks to growing affordability issues — which land transfer taxes and new property assessments are contributing to, according to Re/Max Canada’s 2024 Tax Report. The report emphasizes the need for...
by Matthew Thornton | Jan 16, 2024 | Guest Columns
Homeownership in Canada is in retreat. Historically, our nation had one of the highest homeownership rates in the Western world, peaking in 2011 at 69 per cent of Canadian households, as Statistics Canada reports. But, thanks to the housing affordability crisis, the...