by REM Editorial Team | Jul 9, 2025 | News
The summer real estate market started with a chill over Toronto, with the vast majority of homes selling below asking. In June, 93 per cent of Greater Toronto Area neighbourhoods with at least five sales saw homes go for below asking, up sharply from 71 per cent a...
by David Greenspan | Jul 8, 2025 | Advice for Agents, Columnists
The market is quiet right now. For many in real estate, this summer has felt slower than expected – listings sitting, buyers hesitating, and an overwhelming sense of “holding.” And if we are being honest, we may not have hit the bottom yet. What we are seeing is not...
by REM Editorial Team | Jul 8, 2025 | Boards & Associations, News
Hungry buyers chasing low inventory created a perfect storm for record-breaking home prices in Saskatchewan in June. The provincial benchmark price hit an all-time high of $370,700 last month, 8 per cent higher than June 2024. “We’re seeing record price growth for a...
by Chris Mac Neil | Jul 7, 2025 | Advice for Agents, Guest Columns, News
Seller-financed deals—specifically vendor take-back (VTB) mortgages—aren’t just surviving in Canadian real estate. They’re booming. According to CoStar Canada, VTB transaction volume surged from $767 million in 2021 to $3.5 billion by the end of 2023, marking a nearly...
by Daniel Foch | Jul 4, 2025 | Boards & Associations, Columnists, News
I’m not going to pretend to be surprised by the major shifts we’ve seen in real estate in the Greater Toronto Area in June 2025: Prices are down 5.4 per cent Sales are down 2.4 per cent New listings (supply) is up slightly 7.7 per cent Active listings (inventory) is...
