by REM Editorial Team | Oct 6, 2023 | News
New home construction increased slightly in the first half of 2023, mostly due to a surge in new apartment builds in Toronto and Vancouver, according to a new report from Canada Mortgage and Housing Corporation (CMHC). Overall, housing supply across the six cities...
by Daniel Foch | Oct 5, 2023 | Boards & Associations, Columnists
By September of last year, Toronto’s real estate market had suffered seven months of price declines and one of the slowest September markets we’ve seen on record. The market was largely stabilized up by supply, or rather, the absence of it. We saw a...
by REM Editorial Team | Oct 5, 2023 | News
During the pandemic, the tight inventory markets across Canada experienced was offset by interest rates at all-time lows, which made for more activity and demand. Over that time, sellers and their agents enjoyed higher sales and commissions. Today, it’s a very...
by Mario Toneguzzi | Oct 4, 2023 | News
An increasing number of Canadians are exploring the idea of co-homeownership during an economic environment of high property value, high mortgage rates and the rising cost of living. Many are contemplating pooling their financial resources with family members, friends...
by REM Editorial Team | Oct 4, 2023 | News
New listings showed improvement compared to the previous year and relative to sales. The sales-to-new listings ratio fell to 76 per cent, preventing additional monthly declines. However, inventory levels in September remained over 24 per cent lower than those seen...
