by REM Editorial Team | Jul 25, 2023 | News
The Teranet-National Bank Composite House Price Index (HPI) jumped 2.2 per cent in June, marking not only the third consecutive monthly rise but also the most significant price jump in a single month since November 2006. Broad-based growth: 81% of cities see...
by REM Editorial Team | Jul 19, 2023 | News
Canadian housing starts saw a remarkable turnaround in June, as the declining trend observed over the past months was reversed. According to the Canada Mortgage and Housing Corporation (CMHC), the month witnessed a notable increase in actual housing starts, marking a...
by REM Editorial Team | Jul 12, 2023 | News
The Greater Toronto Area (GTA) experienced a slight decline in housing market competitiveness last month as the intensity of the spring market subsided. A recent analysis by Wahi shows 62 per cent of GTA neighborhoods were in overbidding territory in June, down from...
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...
by Daniel Foch | Jul 6, 2023 | Boards & Associations, Columnists
The spring market is over. This June, 7,481 homes sold on the Toronto Regional Real Estate Board’s MLS — 16.5 per cent more homes sold than last June. TRREB’s analysts mention that Toronto’s real estate market posted a relatively strong June market...
