by REM Editorial Team | Dec 10, 2024 | News
This past year delivered a mixed bag for the Greater Toronto Area’s real estate market, with declining prices, mediocre home sales and an increase in average days on market. According to Wahi’s 2024 Housing Market Snapshot, early hopes for a spring rebound fell flat,...
by Jamie Burke | Dec 2, 2024 | Boards & Associations, News
The never-ending battle between supply and demand is a story well-known to those in real estate. And when it comes to the condo markets in Canada’s two largest cities, scales are heavily favouring buyers. According to a CIBC report, Ontario and B.C. are the biggest...
by REM Editorial Team | Nov 21, 2024 | Boards & Associations, News
Editor’s note: This article has been updated to reflect additional information provided by TRREB after publication. Specifically, TRREB clarified that the proposed dues increase would help offset a $6.5-million decreases in revenue and was intended to address broader...
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 Daniel Foch | Nov 6, 2024 | Boards & Associations, News
A lukewarm attempt at recovery seems to be appearing in Toronto’s real estate market. For the first time in a while, it seems that demand has been able to outgrow supply. According to October data from the Toronto Regional Real Estate Board, active listings are still...
