by Eric Stober | Jul 14, 2025 | News
After a wave of rapid expansion, Canada’s condominium market is facing a dramatic reversal, as a glut of unsold inventory and a sharp retreat by investors have triggered a sector-wide slowdown. A report from the Canada Mortgage and Housing Corporation in June found...
by Courtney Zwicker | Jun 11, 2025 | Boards & Associations, News
After years of frenzy and growth, a new report by the Canada Mortgage and Housing Corp. points to a dramatic slowdown in Toronto and Vancouver’s condo markets. Sales of new, resale, and pre-construction units have plunged since mid-2022, marking a stark shift...
by Daniel Foch | May 6, 2025 | Boards & Associations, News
The Greater Toronto Area housing market just logged one of its ugliest Aprils in recent memory. Inventory is exploding. Sales are evaporating. Prices are falling across nearly every category. And buyers? They’re nowhere to be found. There’s no panic in the streets,...
by REM Editorial Team | May 1, 2025 | Boards & Associations, News
The British Columbia Real Estate Association has unveiled its latest housing forecast, highlighting a cautious outlook for the province’s real estate market amid ongoing economic uncertainties tied to international trade tensions. In its second-quarter report,...
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...
