by REM Editorial Team | Dec 13, 2024 | News
In the coming decade, average condo prices in some of Canada’s largest cities—including Toronto, Vancouver and Halifax—are expected to cross the $1-million mark. While condos have long been viewed as the most accessible entry point to the housing market, data analysis...
by REM Editorial Team | Dec 10, 2024 | News
This past year delivered a mixed bag for the Greater Toronto Area’s real estate market, with declining prices, mediocre home sales and an increase in average days on market. According to Wahi’s 2024 Housing Market Snapshot, early hopes for a spring rebound fell flat,...
by Daniel Foch | Dec 5, 2024 | Boards & Associations, Columnists
The Greater Toronto Area real estate market is beginning to show signs of renewed energy, though the picture remains uncertain. According to the Toronto Regional Real Estate Board’s latest Market Watch report, a 40.1 per cent year-over-year increase in home sales...
by REM Editorial Team | Dec 4, 2024 | News
The Calgary Real Estate Board says November home sales remained on par with last year’s levels, as gains in detached, semi-detached and row home sales balanced out a drop in condo sales. A total of 1,797 homes were sold last month, up 0.8 per cent from November 2023...
by REM Editorial Team | Dec 2, 2024 | News
Canada’s real estate market is poised for a strong comeback in 2025, with activity expected to pick up as early as March, according to online brokerage Zoocasa. Lauren Haw, broker of record and industry relations officer at Zoocasa, highlights several key factors in...