by REM Editorial Team | Sep 24, 2024 | News
Billions of dollars spent on renovations and infill development during the pandemic have boosted the overall value of residential housing and supported higher prices for single-family homes in Toronto and Vancouver, despite broader market pressures, according to the...
by Karen Yolevski, COO, Royal LePage Real Estate Services Ltd. | Sep 19, 2024 | Guest Columns
Following the Bank of Canada’s third consecutive cut to the overnight lending rate this year, reducing it by another 25 basis points in September to 4.25 per cent, Canada’s housing market should see an increase in activity this fall and continue into next year. For...
by REM Editorial Team | Sep 11, 2024 | Boards & Associations, News
Last month, Saskatchewan reported 1,507 residential property sales, the Saskatchewan Realtors Association (SRA) reports. This was a 7.0 per cent year-over-year decline but over 12 per cent above long-term averages, with August marking the 14th consecutive month of...
by REM Editorial Team | Sep 6, 2024 | Boards & Associations, News
Last month, Calgary’s market continued to move from the strong seller’s market conditions of the spring, the Calgary Real Estate Board (CREB) reports. More inventory and fewer sales brought months of supply to more than two months, a level unseen since 2022. “As...
by REM Editorial Team | Sep 3, 2024 | News
As the long-awaited decline in interest rates begins to take shape, early insights from Re/Max brokers and agents nationwide suggest the fall’s housing market activity will be steady. According to Re/Max’s 2024 Fall Housing Market Outlook, average sale prices for all...
