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...
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...