by REM Editorial Team | Feb 11, 2025 | News
Canada’s homeownership rate is steadily declining, with affordability challenges and supply shortages pushing more people into the rental market. A new report from Re/Max Canada, The Nation of Renters, highlights factors currently shaping the country’s housing...
by Daniel Foch | Feb 7, 2025 | Columnists
I think January 2025’s supply story is one of those data points. This could be the biggest year-over-year jump up in new listings we’ve ever seen, and the majority of it was driven by condos. In 2024, we started with 6,300 active condo listings and almost hit 12,000....
by REM Editorial Team | Feb 5, 2025 | Boards & Associations, News
Calgary’s sub-zero temperatures aren’t cooling buyer activity, according to the latest data from the Calgary Real Estate Board. Despite a 12 per cent drop in home sales year-over-year in January, sales remained 30 per cent higher than the seasonal average. CREB is...
by REM Editorial Team | Jan 17, 2025 | News
By most projections, the Canadian housing market is expected to see modest sales and price gains in 2025, but “it’s still a long way back to the 2022 highs,” according to BMO Senior Economist, Robert Kavcic. In BMO’s housing outlook for 2025, Kavcic predicts national...
by Daniel Foch | Jan 16, 2025 | Columnists
CREA released their December statistics along with their hallmark annual optimism heading into January. The big question on everyone’s mind is whether or not that optimism is warranted moving into 2025’s real estate market. CREA also seems to feel that we can see a...