by Daniel Foch | Oct 5, 2023 | Boards & Associations, Columnists
By September of last year, Toronto’s real estate market had suffered seven months of price declines and one of the slowest September markets we’ve seen on record. The market was largely stabilized up by supply, or rather, the absence of it. We saw a...
by REM Editorial Team | Sep 26, 2023 | News
Housing affordability is a hot-button issue for Canadians as sky-high interest rates coupled with limited inventory make owning a home unattainable for so many. According to CREA, the benchmark price for a home in Canada reached $757,600 in August, compared to...
by Daniel Foch | Sep 7, 2023 | Boards & Associations, Columnists
By most accounts, August 2023 looked remarkably similar to August 2022. We saw a little less volume and a little more price than last year, according to the latest data from the Toronto Regional Real Estate Board’s (TRREB) Market Watch. The average price of a...
by REM Editorial Team | Aug 11, 2023 | News
The Bank of Canada’s recent rate hikes have sent ripples through Canada’s real estate markets, leading to a divergence in trends across major cities. The effects of these rate hikes have been particularly notable in Vancouver, the Fraser Valley, Hamilton,...