by Daniel Foch | Nov 9, 2023 | Boards & Associations, Columnists
For the first time in decades, Toronto real estate is in a buyer’s market. October marks another month of bad records for Toronto real estate. With sales down 5.8 per cent since the same month last year, the region has posted one of the lowest numbers of October home...
by REM Editorial Team | Oct 6, 2023 | News
New home construction increased slightly in the first half of 2023, mostly due to a surge in new apartment builds in Toronto and Vancouver, according to a new report from Canada Mortgage and Housing Corporation (CMHC). Overall, housing supply across the six cities...
by Daniel Foch | Oct 5, 2023 | Boards & Associations, Columnists
By September of last year, Toronto’s real estate market had suffered seven months of price declines and one of the slowest September markets we’ve seen on record. The market was largely stabilized up by supply, or rather, the absence of it. We saw a...
by REM Editorial Team | Sep 25, 2023 | News
Vancouver and Toronto, Canada’s largest real estate markets, have seen a significant shift in housing market risk, according to the latest UBS Global Real Estate Bubble Index for 2023. This year’s report indicates the cities are no longer in the bubble...
by REM Editorial Team | Sep 25, 2023 | News
Engel & Völkers is expanding its presence in Toronto with the opening of its first downtown brokerage. Engel & Völkers Toronto City, located near King and Church Street, will serve downtown Toronto, The Beaches, Leslieville, Riverdale, Bloor West Village and...