by REM Editorial Team | Aug 8, 2025 | News
Canada’s average asking rent took another step down in July, the tenth consecutive month for year-over-year decreases. The national average asking rent last month was $2,121, down $4 from June and $80 from July 2024, according to the latest National Rent Report by...
by Daniel Foch | May 6, 2025 | Boards & Associations, News
The Greater Toronto Area housing market just logged one of its ugliest Aprils in recent memory. Inventory is exploding. Sales are evaporating. Prices are falling across nearly every category. And buyers? They’re nowhere to be found. There’s no panic in the streets,...
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...
