by REM Editorial Team | Aug 11, 2023 | News
The Bank of Canada’s recent rate hikes have sent ripples through Canada’s real estate markets, leading to a divergence in trends across major cities. The effects of these rate hikes have been particularly notable in Vancouver, the Fraser Valley, Hamilton,...
by REM Editorial Team | Jun 8, 2023 | News
May data housing markets across Canada have shown signs of recovery, with sellers starting to reenter the market. While this increase in supply is a positive development for buyers struggling with limited inventory, it has not yet been enough to fully balance the...
by REM Editorial Team | Dec 21, 2022 | News
QUICK HITS RBC’s aggregate affordability measure for home ownership costs has reached its “worst-ever level.” The situation is particularly dire in British Columbia and Ontario, where affordability is stretched to its limits. However, other...
by REM Editorial Team | Dec 9, 2022 | News
The number of Canadians renting their homes is at an all-time high, according to a new report from RBC. Economists Robert Hogue and Rachel Battaglia looked at information gathered through the 2021 Census. They say five million households rented the home they lived in...
