by REM Editorial Team | Nov 11, 2024 | News
Canada is slashing the number of immigrants it welcomes into the country and experts believe it could significantly reduce demand in the country’s housing market over the coming years. In October, the government announced plans to reduce the projected number of new...
by REM Editorial Team | Nov 4, 2024 | News
The latest data from RBC Economics suggests that, following October’s half-point rate cut, a second consecutive 50-basis-points reduction from the Bank of Canada is likely to land in December. The Big Five bank anticipates that further easing could gradually revive...
by REM Editorial Team | Apr 22, 2024 | News
Recently, RBC Economics and Thought Leadership released its report, The Great Rebuild: Seven ways to fix Canada’s housing shortage which discusses factors that led to Canada’s housing crisis and policy ideas to address it. The organization’s research found...
by REM Editorial Team | Oct 10, 2023 | Boards & Associations, News
Over the past few months, more sellers have entered the housing market, particularly in September with a surge of new listings in all major Canadian markets. This is thanks to several things, notably rising borrowing costs from higher interest rates, as the latest...
by REM Editorial Team | Sep 12, 2023 | Boards & Associations, News
As summer turns to fall and sweater weather sets in, the housing market has already entered a cooling phase, mirroring the trends seen in August. In his latest report, Robert Hogue, assistant chief economist with RBC Economics, notes that the Bank of Canada’s...
