by Susan Doran | Nov 18, 2024 | News
After much speculation as to whether the Toronto real estate market will be able to absorb the sea of condos that have popped up, it seems that—at least for now—the answer is no. Between unsold new development, assignment and resale inventory, condo supply in the...
by REM Editorial Team | May 10, 2024 | Boards & Associations, News
Last month, Saskatchewan reported 1,642 sales, an increase of 32 per cent year-over-year, the Saskatchewan Realtors Association (SRA) reports. It was the fourth consecutive month of above-average sales, making year-to-date sales almost 17 per cent above 2023’s....
by REM Editorial Team | Apr 4, 2024 | Boards & Associations, News
The Calgary Real Estate Board (CREB) reports that March sales rose to 2,664 units, a 10 per cent year-over-year gain. The 3,172 new listings were an improvement from February, but still below what’s typically seen in March and not enough to help change the supply...
by REM Editorial Team | Jan 23, 2024 | Boards & Associations, News
In its 2024 Forecast Calgary and Region Yearly Outlook Report, released today, the Calgary Real Estate Board (CREB) reports the region’s housing market has been strongly impacted by rising interest rates as buyers look at other options and sellers hold off on listing...
by REM Editorial Team | Jul 11, 2023 | News
The Bank of Canada’s June rate hike and the potential for another increase in July have elicited mixed reactions across local housing markets, according to early reports from real estate boards. RBC Economists Robert Hogue and Rachel Battaglia looked at the...
