by Mario Toneguzzi | Feb 16, 2024 | News
Real estate firm Engel & Völkers says mom-and-pop house flippers have entirely left the market, blaming rising costs from construction, interest rates, taxes and elevated housing prices. Those costs, which have cumulatively escalated in recent years, have...
by REM Editorial Team | Jan 25, 2024 | News
With a home supply shortage, increased interest rates and a high cost of living, owning a home is not in many Canadians’ foreseeable future. Thanks to fewer homes available for sale, interprovincial and international migration and other factors, competition between...
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)...
