by REM Editorial Team | Mar 14, 2024 | News
The dream of owning an affordable home in Ontario is becoming increasingly challenging, according to new data released by the Municipal Property Assessment Corporation (MPAC). Over the past decade, communities with homes priced under $500,000, and in some areas under...
by REM Editorial Team | Mar 12, 2024 | News
In February, the Greater Toronto Area (GTA) saw 25 per cent (76 of 303 total) of its neighbourhoods get into overbidding territory, from 0 per cent the month before, Wahi reports. An additional 5.6 per cent (17 neighbourhoods) were selling at asking price, while 69.3...
by Daniel Foch | Mar 8, 2024 | Boards & Associations, Columnists
In the ever-turbulent waters of the Greater Toronto Area (GTA) housing market, February 2024 emerged as a month where hope springs eternal for both buyers and sellers — or so the narrative goes. Small sales and listings boost last month According to the...
by REM Editorial Team | Mar 8, 2024 | Boards & Associations, News
February brought a surge of new listings to Metro Vancouver’s housing market, alleviating concerns of dwindling inventory. Greater Vancouver Realtors reported a 13.5 per cent increase in residential sales compared to last year, with 2,070 properties changing...
by REM Editorial Team | Mar 5, 2024 | News
Over the past two years, the rising cost of borrowing has led many Canadians to reconsider their plans to buy a home. A recent survey by Royal LePage, conducted by Leger, reveals that since the Bank of Canada started increasing its key lending rate in March 2022, 27...
