by REM Editorial Team | Oct 6, 2023 | News
Metro Vancouver housing prices eased last month, thanks to a small boost in regional inventory and seasonal decline. Andrew Lis, the Real Estate Board of Greater Vancouver (REBGV)’s director of economics and data analytics, points out they watched “The reluctance of...
by Daniel Foch | Jun 16, 2023 | Columnists
For the first time in several years, the number of homes sold in Canada went up on a year-over-year basis. The market saw 1.4 per cent more transactions than this month last year, continuing its growth towards the 10-year monthly moving average. This movement is a...
by Kunal Sawhney | Sep 2, 2021 | Columnists
Opportunity cost is an important concept in the world of finance. Institutional investors that played a key role in the housing market growth in the U.S. and Canada understand the significance of “forgone benefit”. This class invests in different assets to derive...
by Yousaf Iqbal | Aug 31, 2021 | Columnists
I have some data in front of me that compares today’s home prices in 21 global cities to those same cities’ prices before the COVID-19 pandemic. The numbers make clear that Canada’s rapidly rising home prices are no anomaly. In fact, in three out of four of the...
by REM Editorial Team | Feb 19, 2020 | Boards & Associations
Gregory Klump, CREA’s chief economist, has retired after 28 years at the association. Klump joined CREA in 1992, serving as staff economist. Promoted to chief economist in 2005, he grew CREA’s economic and data team into a much-quoted source of Canadian real estate...
