by Mark Morris | Nov 29, 2024 | Guest Columns
The Canada Mortgage and Housing Corporation (CMHC) mortgage loan insurance program is a government-backed initiative that allows homebuyers to purchase properties with less than a 20 per cent down payment. Initially designed to help Canadians without significant...
by REM Editorial Team | Oct 29, 2024 | News
There has been a stark reduction in homeownership among young Canadians, according to a new survey. Data from a Scotiabank poll released Tuesday shows the number of homeowners aged 18 to 34 plunged by 21 per cent over the past three years—from 47 per cent in 2021 to...
by REM Editorial Team | Oct 22, 2024 | Announcements
This week, as part of its Political Action Committee (PAC) Days, the Canadian Real Estate Association (CREA) is hosting realtors from across Canada to meet with their local Members of Parliament to advocate for critical housing policies encouraging access to housing...
by Ross McCredie, CEO, Sutton Group | Oct 18, 2024 | Guest Columns
The British Columbia election is making headlines and capturing attention throughout the province, yet the proposed solutions to address one of the most pressing issues — housing affordability — have largely missed the mark. Conservative plans: ‘Rustad Rebate’,...
by REM Editorial Team | Sep 25, 2024 | Announcements, Boards & Associations
On September 16, the Ontario government announced a formal consultation process to implement pay-on-demand surety bonds as an alternative to Letters of Credit (LOCs) for home builders. The Ontario Home Builders’ Association (OHBA) recognizes this is a...