by REM Editorial Team | Jul 2, 2024 | News
In 2024, property tax rates in Canadian cities have fluctuated significantly, with St. John’s, Newfoundland, experiencing the highest increase at 9.64 per cent year-over-year, according to a study by Zoocasa. Meanwhile, Montreal saw the largest decrease, with property...
by REM Editorial Team | Jun 24, 2024 | News
The Bank of Canada (BoC)’s recent 25 basis point drop that lowered its key overnight lending rate to 4.75 per cent sparks the questions of if and when other rate drops will follow, and what the financial impact will be on the average five-year variable mortgage...
by REM Editorial Team | May 27, 2024 | News
One of the announcements in the federal government’s Budget 2024 was the capital gains inclusion rate being increased from 50 per cent to 66.7 per cent — something that will impact many secondary homeowners, like those who have a cottage. Effectively, this means that...
by REM Editorial Team | Apr 10, 2024 | News
Different areas across the country are experiencing different dynamics in their real estate markets. Based on data from the Canadian Real Estate Association (CREA) on 27 major markets, Zoocasa took a look to see which markets are favouring buyers, which are favouring...
by REM Editorial Team | Mar 26, 2024 | News
Whether you’re guiding clients to their next condominium purchase or rental, the cost of mortgage payments or rent can often influence their decision a great deal. To help them navigate their options, Zoocasa reported on the most affordable Toronto areas, with data...