by REM Editorial Team | Oct 25, 2023 | News
We saw lower inflation numbers last month, which could lead to a better situation for home buyers – despite widespread concern over another interest rate hike today from the Bank of Canada. As of now, the overnight lending rate is at 5 per cent, a high of many years,...
by REM Editorial Team | Oct 20, 2023 | News
Amid the many interest rate hikes and ever-changing conditions we’ve seen in markets across the country, there are other stories interwoven. A big one is about the affordability of townhomes. Some markets are still hot and relatively affordable (such as Calgary),...
by REM Editorial Team | Jul 20, 2023 | News
Canada’s real estate market has been experiencing unprecedented changes in recent years, partly driven by the surging population. The country is now home to 40 million people, after hitting the milestone this year, and the federal government’s plan to...
by REM Editorial Team | May 30, 2023 | News
The Bank of Canada’s decision to pause interest rate hikes after a series of increases throughout 2022 significantly impacted the Canadian real estate market. With interest rates reaching 4.5 per cent in January 2023 and remaining steady since then, Zoocasa has...
by Sohini Bhattacharya | Jun 6, 2018 | Featured, Products
The real estate industry has been ripe for change for the past few decades. While virtually every other industry has seen sweeping impacts of technological determinism, Canadian real estate has been slow on the uptake, says William C. Strange, professor of economic...