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...
by Kunal Sawhney | Feb 28, 2022 | Columnists
Could soaring home prices trigger a “Freedom Convoy” type protest by disgruntled low-income households? The Bank of Canada used monetary policy manoeuvres to preserve liquidity in the wake of COVID disruptions. This mirrored the policy actions of other central banks...
by Kunal Sawhney | Jun 7, 2021 | Columnists
Housing is more a necessity than a luxury; it is more an essential expenditure than an investment option. Houses in Canada are becoming increasingly unaffordable. The trend has defied all predictions. Back in May 2020, Canada Mortgage and Housing Corporation (CMHC)...
