by REM Editorial Team | Jun 12, 2024 | News
Last month, 36 per cent of Greater Toronto Area (GTA)’s neighbourhoods were in overbidding territory, which declined for the second month in a row, after being at 39 per cent in April and 43 per cent in March, Wahi reports. A year ago, it was significantly higher at...
by REM Editorial Team | May 14, 2024 | News
Last week, Canada Mortgage and Housing Corporation (CMHC) released its 2024 Mortgage Consumer Survey which showed affordability and rising interest rates continue to be some of the biggest factors affecting mortgage consumers. In January, CMHC surveyed almost 4,000...
by REM Editorial Team | May 6, 2024 | News
Despite high interest rates, Canadians are taking advantage of buyer’s markets across Canada that are showing up for the first time since the pandemic, a Zolo survey of 800 homeowners who bought in 2023 found. Much of the trends were a result of higher interest...
by The Canadian Real Estate Investor Podcast | Apr 15, 2024 | Boards & Associations, Columnists
The Canadian housing market showed little change in March 2024, with home sales and prices remaining mostly flat. Sales activity recorded through Canadian MLS systems edged up by 0.5 per cent month-over-month but remained below the average of the last 10 years. The...
by Michael Alladawi | Mar 14, 2024 | Advice for Agents, Guest Columns
Within the world of real estate today, refinancing has risen as a pivotal trend affecting property ownership decisions. The potential for lower interest rates and access to built-up home equity leads numerous homeowners to contemplate refinancing. However, this path...
