by REM Editorial Team | Jan 15, 2025 | News
The influx of 471,771 new permanent residents in 2023—and a targeted 485,000 for 2024—was a transformative force in driving luxury real estate demand across Canada’s major cities, according to the Sotheby’s International Realty Canada Top-Tier Real Estate: 2024 State...
by Connie Adair | Dec 27, 2024 | Sales & Marketing
In the luxury real estate market, it’s the calm before the storm of activity that will begin as early as January, as “those in the know take advantage of the opportunity” to buy and sell before the spring market unfolds, says Don Kottick, president and CEO, Sotheby’s...
by REM Editorial Team | Nov 27, 2024 | News
Canada’s housing market is heading in two very different directions in 2025, depending on the type of home, according to a new report from CIBC. In their housing outlook for 2025, economists Benjamin Tal and Katherine Judge outline a tale of two markets: low-rise...
by REM Editorial Team | Aug 1, 2024 | News
The Bank of Canada (BoC) lowered its benchmark rate for the second time in two months on July 24. With government bond yields also dropping, current mortgage rates have hit their lowest point in 17 months. Though some expect these lower rates to stimulate the real...
by REM Editorial Team | Jun 20, 2024 | News
Nearly one-third of Canadians now live in rental accommodations, with the trend increasing as housing affordability remains a challenge. According to a recent Royal LePage survey, 27 per cent of current renters plan to purchase a property within the next two years, a...
