by REM Editorial Team | Aug 1, 2024 | News
The Bank of Canada (BoC) lowered its benchmark rate for the second time in two months on July 24. With government bond yields also dropping, current mortgage rates have hit their lowest point in 17 months. Though some expect these lower rates to stimulate the real...
by Susan Doran | Jul 31, 2024 | News
There’s speculation that Canada’s housing market is headed in a direction that will land us in a foul-up similar to much of Europe, with housing prices so out of reach that many people will never be able to afford a home unless they inherit one. In a country like...
by REM Editorial Team | Jul 22, 2024 | News
In Canada, conversations about the housing market often centre around price, which is a key determinant for many buyer decisions. Many households have trouble getting into the market, considering the national average home price was $696,179 in June. That being said,...
by REM Editorial Team | Jul 18, 2024 | News
Engel & Völkers recently released its 2024 Mid-Year Luxury Real Estate Market Report, highlighting that luxury properties in Halifax, Ottawa, Toronto and Vancouver are outperforming market trends in the $1 million-plus market segment. The report addresses...
by Mario Toneguzzi | Jul 10, 2024 | News
The real estate industry in Canada is adapting to a new and growing trend in the marketplace: multigenerational living. More and more Canadian families are seeking creative housing solutions in light of today’s affordability challenges. Tim Syrianos, owner of Re/Max...
