by Emma Caplan-Fisher | Aug 25, 2023 | Advice for Agents, News
When there’s huge demand — no matter what business you’re in — it can be challenging to manage an influx of clients. With sellers coming off the sidelines in July, the number of new listings increased by 5.6 per cent month-over-month countrywide, and the...
by REM Editorial Team | Aug 23, 2023 | News
In the wake of consecutive interest rate hikes by the Bank of Canada (and ahead of what some economists expect will be another hike come September), the Canadian housing market is experiencing a notable shift as market conditions steadily move closer to a...
by REM Editorial Team | Aug 22, 2023 | News
The first half of 2023 has been marked by both challenges and opportunities in the detached housing market. A new report from Re/Max Canada reveals the first quarter (Q1) of the year witnessed a substantial reduction in detached home values, triggering heightened home...
by REM Editorial Team | Aug 22, 2023 | News
The Teranet-National Bank Composite House Price Index (HPI) saw another sharp increase in July, with a month-over-month jump of 2.4 per cent after seasonal adjustments. This marks the fourth consecutive monthly rise and the second-highest monthly growth ever recorded,...
by REM Editorial Team | Aug 21, 2023 | News
The dichotomy between housing starts and sales is raising questions about the future of affordability in the housing sector, according to a recent report from Marc Desormeaux, principal economist at Desjardins. In July 2023, Canadian housing starts experienced a...
