by REM Editorial Team | Nov 11, 2024 | News
Canada is slashing the number of immigrants it welcomes into the country and experts believe it could significantly reduce demand in the country’s housing market over the coming years. In October, the government announced plans to reduce the projected number of new...
by REM Editorial Team | Nov 4, 2024 | News
The latest data from RBC Economics suggests that, following October’s half-point rate cut, a second consecutive 50-basis-points reduction from the Bank of Canada is likely to land in December. The Big Five bank anticipates that further easing could gradually revive...
by REM Editorial Team | Nov 4, 2024 | News
As the U.S. presidential election nears, Americans are once again considering a move north. According to recent data from Royal LePage, the company’s website has seen a notable uptick in visits from south of the border. In June, just as election season ramped up,...
by REM Editorial Team | Oct 31, 2024 | News
Calgary’s real estate market saw a significant decline in overbidding activity in this year’s third quarter (Q3), with only 10 per cent of neighbourhoods experiencing homes selling above asking, compared to 54 per cent in the second quarter, according to an analysis...
by The Canadian Real Estate Investor Podcast | Oct 23, 2024 | Columnists, News
This morning, the Bank of Canada (BoC) surprised the market by announcing a 50 basis point (bps) cut in its benchmark interest rate, bringing it down from 4.25 per cent to 3.75 per cent. As homeowners and potential buyers digest this news, the primary question on many...
