by REM Editorial Team | Aug 19, 2024 | News
The Greater Toronto Area (GTA) housing market saw a noticeable drop in bidding competition this July, marking the fourth consecutive month of decline, according to Wahi. Only 14 per cent of GTA neighbourhoods experienced overbidding, down from 27 per cent in June, as...
by REM Editorial Team | Aug 14, 2024 | News
Between May and July, Calgary saw homes selling for above list price in over half of its neighbourhoods (54 per cent), marking a 13 per cent jump in overbidding since the first quarter of this year (41 per cent), Wahi reports. Clearly, homebuyers in the market haven’t...
by REM Editorial Team | Jul 19, 2024 | News
Last month, the GTA’s share of neighbourhoods in overbidding territory declined for the third month in a row, despite the Bank of Canada’s interest rate cut. 25-basis-point cut not enough ‘to jolt more life into a housing market facing affordability...
by REM Editorial Team | Jul 10, 2024 | Announcements, Technology
This week, digital real estate platform Wahi announced its expansion to Alberta. This follows its launches in the GTA in 2022 and other Canadian markets. The platform offers insights on listings including sold price history, school scores and local real estate data,...
by REM Editorial Team | Jul 8, 2024 | Boards & Associations, News
Last month, Calgary had 2,738 residential sales, 13 per cent less than last year’s record high, the Calgary Real Estate Board (CREB) reports. However, this is over 17 per cent more than long-term trends. “The pullback in sales reflects supply challenges in the lower...
