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...
by REM Editorial Team | Jun 19, 2024 | News
Wahi’s 2024 Homebuyer Intentions survey found that two of the top reasons Canadians sell their homes are about size. Contradictory to much talk about high living costs and interest rates, affordability wasn’t a top motivator. The survey asks Canadians if they plan to...
by REM Editorial Team | Jun 12, 2024 | News
Last month, 36 per cent of Greater Toronto Area (GTA)’s neighbourhoods were in overbidding territory, which declined for the second month in a row, after being at 39 per cent in April and 43 per cent in March, Wahi reports. A year ago, it was significantly higher at...