by Karen Yolevski, COO, Royal LePage Real Estate Services Ltd. | Sep 19, 2024 | Guest Columns
Following the Bank of Canada’s third consecutive cut to the overnight lending rate this year, reducing it by another 25 basis points in September to 4.25 per cent, Canada’s housing market should see an increase in activity this fall and continue into next year. For...
by REM Editorial Team | Sep 12, 2024 | Boards & Associations, News
The Quebec Professional Association of Real Estate Brokers (QPAREB) August market statistics show significant growth in both Quebec City and Montreal, thanks in part to recent interest rate cuts. Quebec City: A strong market in expansion Last month’s...
by REM Editorial Team | Sep 3, 2024 | News
As the long-awaited decline in interest rates begins to take shape, early insights from Re/Max brokers and agents nationwide suggest the fall’s housing market activity will be steady. According to Re/Max’s 2024 Fall Housing Market Outlook, average sale prices for all...
by Mario Toneguzzi | Aug 23, 2024 | News
While there were early signs of renewed momentum in June following the Bank of Canada’s first interest rate cut since 2020, activity in Canada’s housing market took a pause in July, according to data released earlier this month by the Canadian Real Estate Association...
by The Canadian Real Estate Investor Podcast | Aug 19, 2024 | Boards & Associations, Columnists
Despite gaining momentum in June, after the Bank of Canada’s rate cut that month, activity in Canada’s housing market paused in July. Last month, home sales dipped 0.7 per cent on a month-over-month basis, reversing a small portion of June’s post-first rate cut gains....