by REM Editorial Team | Jul 22, 2024 | News
In Canada, conversations about the housing market often centre around price, which is a key determinant for many buyer decisions. Many households have trouble getting into the market, considering the national average home price was $696,179 in June. That being said,...
by REM Editorial Team | Jul 19, 2024 | News
Last month, the GTA’s share of neighbourhoods in overbidding territory declined for the third month in a row, despite the Bank of Canada’s interest rate cut. 25-basis-point cut not enough ‘to jolt more life into a housing market facing affordability...
by Barrett Sprowson | Jul 17, 2024 | Guest Columns
As Vancouver’s housing prices continue their upward trajectory, the real estate landscape is undergoing significant shifts. For younger generations, particularly Generation Z and, soon, Generation Alpha, entering the housing market has become an increasingly...
by REM Editorial Team | Jul 17, 2024 | News
Buying a condominium might be easier than purchasing a single-family home, especially for first-time buyers. Traditionally, two incomes are better for achieving homeownership dreams. However, a new trend is emerging among Canadian homebuyers, as a recent Point2 survey...
by REM Editorial Team | Jul 16, 2024 | News
The vast majority of Canadian homeowners (94 per cent) plan to remain in their current homes for at least the next year, a report by Angus Reid and Financeit finds. Nearly a quarter of them note the higher costs of living as their reasoning. Despite the Bank of...
