by REM Editorial Team | Oct 18, 2023 | News
Despite the country’s astronomical need for housing, Canada is building fewer homes today than during the pandemic shutdown in April 2020 and still, the worst is yet to come, a recent study says. The Bank of Canada’s multi-year campaign of raising interest...
by REM Editorial Team | Oct 13, 2023 | News
TD Economics reports a bigger and longer downturn in Canadian home sales and average prices than projected in June. Home prices and sales to go down They say home prices and sales will likely go down from Q2 levels during this year’s last quarter (Q4)...
by REM Editorial Team | Oct 12, 2023 | News
The Royal LePage House Price Survey released today notes Canada’s aggregate home price went up 3.6 per cent year-over-year in quarter 3 (Q3), to $802,900. The company forecasts the aggregate price of a home in Canada to go up 7 per cent in Q4 of this year, compared to...
by REM Editorial Team | Oct 12, 2023 | News
As the autumn chill sets in across the Greater Toronto Area (GTA), the region’s real estate market is experiencing equally frosty conditions. While property prices have remained relatively stable, declining interest from buyers has resulted in stiffer...
by REM Editorial Team | Oct 6, 2023 | News
Metro Vancouver housing prices eased last month, thanks to a small boost in regional inventory and seasonal decline. Andrew Lis, the Real Estate Board of Greater Vancouver (REBGV)’s director of economics and data analytics, points out they watched “The reluctance of...
