by Ross McCredie, CEO, Sutton Group | Sep 18, 2024 | Guest Columns
Can housing affordability be restored? Is it just a matter of a few interest rate cuts and transit-oriented development? Reducing housing costs involves more than simply tweaking interest rates — it calls for a multifaceted approach that reflects the complexity of the...
by Trevor Hargreaves | Aug 13, 2024 | Columnists
The past half-decade has been a strange one for housing in British Columbia. After almost two decades of underproduction, municipal bureaucratic foot-dragging and a general failure to plan for future growth, affordability issues continue to worsen despite ongoing...
by Mario Toneguzzi | Jul 10, 2024 | News
The real estate industry in Canada is adapting to a new and growing trend in the marketplace: multigenerational living. More and more Canadian families are seeking creative housing solutions in light of today’s affordability challenges. Tim Syrianos, owner of Re/Max...
by REM Editorial Team | Jun 20, 2024 | News
Nearly one-third of Canadians now live in rental accommodations, with the trend increasing as housing affordability remains a challenge. According to a recent Royal LePage survey, 27 per cent of current renters plan to purchase a property within the next two years, a...
by REM Editorial Team | May 14, 2024 | News
Last week, Canada Mortgage and Housing Corporation (CMHC) released its 2024 Mortgage Consumer Survey which showed affordability and rising interest rates continue to be some of the biggest factors affecting mortgage consumers. In January, CMHC surveyed almost 4,000...