by REM Editorial Team | Jan 15, 2025 | News
The influx of 471,771 new permanent residents in 2023—and a targeted 485,000 for 2024—was a transformative force in driving luxury real estate demand across Canada’s major cities, according to the Sotheby’s International Realty Canada Top-Tier Real Estate: 2024 State...
by Daniel Foch | Jan 10, 2025 | Boards & Associations, Columnists
As we reflect on 2024’s market, I can’t help but draw parallels to another pivotal moment in Toronto’s real estate history: the dramatic correction of the early 1990s. Back then, Toronto experienced what many considered unthinkable: a six-year...
by REM Editorial Team | Jan 9, 2025 | News
The Greater Toronto Area’s (GTA) luxury housing market experienced a significant upswing in the final quarter of 2024 (Q4), with sales of properties over $3 million increasing by more than 40 per cent compared to the same period in 2023. According to Re/Max...
by REM Editorial Team | Jan 3, 2025 | Announcements
Last month, Property.ca Inc. Brokerage (Property.ca) announced the launch of its new branch of 42 agents: The Boulevard Branch in Toronto’s Little Italy neighbourhood. The group specializes in luxury residential and multiplexes. “The launch of The Boulevard...
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,...