by REM Editorial Team | Jun 30, 2025 | News
Homeownership in Canada is now the most affordable it has been since 2022, according to a new report from Robert Hogue, assistant chief economist at RBC. The bank’s aggregate affordability measure fell to 55.1 per cent in the first quarter of 2025, down from 60.7 per...
by Eric Stober | Jun 27, 2025 | News
A tale of two condo markets continues to unfold in Toronto and Vancouver, with the former seeing steeper price declines. Brendon Ogmundson, chief economist with the BC Real Estate Association, points to CREA data that shows “wild divergence” between Toronto and...
by Samantha Long | Jun 25, 2025 | Boards & Associations, News
With annual population growth reaching three per cent in Toronto and Vancouver, three times the national average, governments in Canada’s two largest cities are investing heavily in transit, opening up traditionally undervalued urban and suburban areas. A recent...
by Daniel Foch | Jun 17, 2025 | Boards & Associations, Columnists, News
Don’t miss out—join us online for REM’s monthly market breakdown on June 24 at 2 PM ET. REM, columnist Daniel Foch will analyze CREA’s latest stats, regional variations and what shifting sentiment means for Realtors—register here. After six straight months of...
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...
