by REM Editorial Team | Sep 3, 2024 | Boards & Associations, News
Recently, the Home Construction Regulatory Authority (HCRA) revoked Mariman Homes’ license to build and sell homes in Ontario. This is the strictest action the authority can take against a licensed builder. What happened Due to complaints from...
by REM Editorial Team | Aug 27, 2024 | Boards & Associations, News
Results from the Canadian Home Builders’ Association (CHBA) 2024 Q2 Housing Market Index (HMI) showed even worse builder sentiment than the previous quarter across key Canadian regions. CHBA reports that new home sales figures indicate housing starts activity won’t...
by Mario Toneguzzi | Aug 23, 2024 | News
While there were early signs of renewed momentum in June following the Bank of Canada’s first interest rate cut since 2020, activity in Canada’s housing market took a pause in July, according to data released earlier this month by the Canadian Real Estate Association...
by Jamie Burke | Aug 20, 2024 | News
The term “missing middle” has become as common in today’s real estate vocabulary as “a hot market” or “location, location, location.” Cliches often have some truth in them — and in the case of the “missing middle,” it’s gaining traction in the Canadian real estate...
by REM Editorial Team | Aug 20, 2024 | Boards & Associations, News
In July, Ottawa’s housing market saw a significant uptick in activity, with 1,241 homes sold through the MLS system, the Ottawa Real Estate Board (OREB) reports. This marks a 13.6 per cent increase from July 2023, signaling a strong month for sales. However, despite...