by Jonathan Cooper | Sep 22, 2023 | Guest Columns
Topics related to housing affordability prevail in political campaigns, media headlines, and social conversations. This is a manifestation of a long-term challenge facing Canadians: for over two decades, housing costs have been consuming a progressively larger...
by REM Editorial Team | Sep 13, 2023 | News
The Greater Toronto Area’s (GTA) real estate market has witnessed a swift transformation, shifting from rampant overbidding earlier this year to a surge in underbidding in August. Wahi’s recent analysis reveals that 70 per cent of the 245 GTA...
by REM Editorial Team | Sep 12, 2023 | Boards & Associations, News
As summer turns to fall and sweater weather sets in, the housing market has already entered a cooling phase, mirroring the trends seen in August. In his latest report, Robert Hogue, assistant chief economist with RBC Economics, notes that the Bank of Canada’s...
by REM Editorial Team | Sep 7, 2023 | Boards & Associations, News
Higher borrowing costs have begun to permeate the Metro Vancouver housing market in predictable ways, according to the August 2023 housing market report from the Real Estate Board of Greater Vancouver (REBGV). August 2023 saw residential home sales totalling 2,296,...
by REM Editorial Team | Sep 6, 2023 | Boards & Associations, News
Calgary’s real estate market saw record-high sales in August, thanks to a surge in the condo market, according to recent data from the Calgary Real Estate Board (CREB). In total, 2,729 units sold last month; however, despite record levels reported over the last...
