by Jamie Squires | Aug 19, 2024 | Guest Columns
As real estate professionals, we’re well aware of the challenges facing today’s housing market, especially for younger buyers. Millennials and Gen Z are finding it increasingly difficult to break into the market due to soaring property prices, high interest...
by REM Editorial Team | Aug 19, 2024 | News
The Greater Toronto Area (GTA) housing market saw a noticeable drop in bidding competition this July, marking the fourth consecutive month of decline, according to Wahi. Only 14 per cent of GTA neighbourhoods experienced overbidding, down from 27 per cent in June, as...
by REM Editorial Team | Aug 15, 2024 | News
A new report from Re/Max Canada reveals that the detached housing market in the Greater Toronto Area (GTA), Greater Vancouver and Fraser Valley is being fueled primarily by investors and move-up buyers. With first-time homebuyers increasingly priced out of these...
by REM Editorial Team | Aug 14, 2024 | News
Between May and July, Calgary saw homes selling for above list price in over half of its neighbourhoods (54 per cent), marking a 13 per cent jump in overbidding since the first quarter of this year (41 per cent), Wahi reports. Clearly, homebuyers in the market haven’t...
by REM Editorial Team | Aug 13, 2024 | Boards & Associations, News
Saskatchewan’s housing market continued its strong performance in July, with the Saskatchewan Realtors’ Association (SRA) reporting 1,667 sales — a 7.0 per cent increase from the previous year and over 20 per cent above the long-term 10-year average. This marks...
