by REM Editorial Team | Dec 16, 2024 | News
Average asking rents for residential properties in Canada fell to $2,139 in November, marking a 15-month low, according to the National Rent Report by Rentals.ca and Urbanation. This represents a 1.6 per cent year-over-year drop and a 0.6 per cent decrease compared to...
by REM Editorial Team | Dec 13, 2024 | News
In the coming decade, average condo prices in some of Canada’s largest cities—including Toronto, Vancouver and Halifax—are expected to cross the $1-million mark. While condos have long been viewed as the most accessible entry point to the housing market, data analysis...
by REM Editorial Team | Dec 10, 2024 | News
This past year delivered a mixed bag for the Greater Toronto Area’s real estate market, with declining prices, mediocre home sales and an increase in average days on market. According to Wahi’s 2024 Housing Market Snapshot, early hopes for a spring rebound fell flat,...
by Daniel Foch | Dec 5, 2024 | Boards & Associations, Columnists
The Greater Toronto Area real estate market is beginning to show signs of renewed energy, though the picture remains uncertain. According to the Toronto Regional Real Estate Board’s latest Market Watch report, a 40.1 per cent year-over-year increase in home sales...
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...
