by REM Editorial Team | Jan 15, 2024 | News
During Q4 of 2023, the aggregate Canadian home price increased 4.3 per cent year-over-year to $789,500, Royal LePage reports in its House Price Survey. Quarter-over-quarter, the national aggregate home price decreased by 1.7 per cent, which illustrates that higher...
by Daniel Foch | Jan 5, 2024 | Boards & Associations, Columnists
Since the peak in 2022, Toronto’s real estate market has been in a funk. Over that period of time, we’ve seen a few key themes emerge: A decrease in price, which later stabilized into a sideways market with typical seasonal patterns A decrease in sales, which has...
by Danny Kucharsky | Dec 29, 2023 | Boards & Associations, News
Quebec realtors should see a return to a normal market next year with stable prices, sales close to historical norms and no big surprises, forecasts the Quebec Professional Association of Real Estate Brokers (QPAREB). More stable activity will give buyers and sellers...
by REM Editorial Team | Dec 19, 2023 | News
With interest rates and inflation rising high over the last few years, Canadians have gone through some tough times — to the point that many are holding their real estate plans, whether buying or selling. Although the Bank of Canada announced its final rate hold of...
by Daniel Foch | Dec 18, 2023 | Boards & Associations, Columnists
The Canadian real estate market is in a recession — a place it’s been for well over a year now. This means that the amount of earnings available within the industry has been in contraction, regardless of what’s happening elsewhere in the economy. As acknowledged by...
