by REM Editorial Team | Apr 1, 2024 | News
As 2024 unfolds, Canada’s home insurance landscape braces for significant changes, echoing the challenges and trends seen in the auto insurance sector. The marked inflation experienced last year sets the stage for anticipated developments. Despite expectations...
by REM Editorial Team | Mar 5, 2024 | News
Over the past two years, the rising cost of borrowing has led many Canadians to reconsider their plans to buy a home. A recent survey by Royal LePage, conducted by Leger, reveals that since the Bank of Canada started increasing its key lending rate in March 2022, 27...
by REM Editorial Team | Dec 19, 2023 | News
With interest rates and inflation rising high over the last few years, Canadians have gone through some tough times — to the point that many are holding their real estate plans, whether buying or selling. Although the Bank of Canada announced its final rate hold of...
by REM Editorial Team | Oct 25, 2023 | News
We saw lower inflation numbers last month, which could lead to a better situation for home buyers – despite widespread concern over another interest rate hike today from the Bank of Canada. As of now, the overnight lending rate is at 5 per cent, a high of many years,...
by REM Editorial Team | Jul 14, 2023 | News
Royal LePage is updating its price forecast for 2023, again to reflect the surprising strength of Canada’s real estate market and the price appreciation witnessed in the first half of the year. In a report released Thursday, the company shared its prediction of...