by REM Editorial Team | Apr 16, 2025 | News
It was a tough first quarter for new condo sales in the Greater Toronto Hamilton Area (GTHA), with activity falling to levels not seen in decades. According to a new Urbanation report, only 533 new condo apartments were sold in the first quarter (Q1) of 2025—a 62 per...
by REM Editorial Team | Mar 11, 2025 | News
For the fifth consecutive month, average asking rents in Canada have dropped year-over-year, hitting their lowest level since July 2023. According to the latest Rentals.ca and Urbanation report, February saw a 4.8 per cent decline in rents compared to the previous...
by Daniel Foch | Jan 16, 2025 | Columnists
CREA released their December statistics along with their hallmark annual optimism heading into January. The big question on everyone’s mind is whether or not that optimism is warranted moving into 2025’s real estate market. CREA also seems to feel that we can see a...
by REM Editorial Team | Dec 16, 2024 | News
Average asking rents for residential properties in Canada fell to $2,139 in November, marking a 15-month low, according to the National Rent Report by Rentals.ca and Urbanation. This represents a 1.6 per cent year-over-year drop and a 0.6 per cent decrease compared to...
by REM Editorial Team | Nov 13, 2024 | News
For the first time since July 2021, average asking rents for all residential property types in Canada saw an annual drop in October. According to the latest report from Rentals.ca and Urbanation, rents dropped 1.2 per cent compared to October 2023, bringing the...
