by REM Editorial Team | Nov 13, 2024 | News
For the first time since July 2021, average asking rents for all residential property types in Canada saw an annual drop in October. According to the latest report from Rentals.ca and Urbanation, rents dropped 1.2 per cent compared to October 2023, bringing the...
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...
