by REM Editorial Team | Oct 5, 2023 | News
During the pandemic, the tight inventory markets across Canada experienced was offset by interest rates at all-time lows, which made for more activity and demand. Over that time, sellers and their agents enjoyed higher sales and commissions. Today, it’s a very...
by REM Editorial Team | Oct 4, 2023 | News
Have Canadian housing markets been through the worst of it, or is there still further to fall? Well, it depends on where you’re looking.Regional variations have become increasingly apparent nationwide, as noted in a Sept. 29 report from Robert Kavcic, senior...
by REM Editorial Team | Oct 3, 2023 | News
A report released by Re/Max Canada shows recent economic indicators suggesting that Canadian homebuyers may face more interest rate increases. This will slow the condominium markets in major Canadian centres. Nearly 100 communities in seven major markets were assessed...
by REM Editorial Team | Oct 2, 2023 | News
Due to a stronger-than-expected spring, homeownership costs in Canada saw a surprising uptick in the second quarter of this year, breaking a year-long trend of declining prices. The good news? The rise in property values was tempered slightly by a gain in household...
by REM Editorial Team | Sep 26, 2023 | News
Housing affordability is a hot-button issue for Canadians as sky-high interest rates coupled with limited inventory make owning a home unattainable for so many. According to CREA, the benchmark price for a home in Canada reached $757,600 in August, compared to...
