by REM Editorial Team | Jul 25, 2024 | News
Yesterday, the Bank of Canada lowered its overnight lending rate by 25 basis points to 4.5 per cent, the second consecutive rate cut this year. The Bank says that growth in the Canadian economy has picked up but is still below long-term potential and that our...
by The Canadian Real Estate Investor Podcast | Jun 10, 2024 | Boards & Associations, Columnists
The Greater Toronto Area (GTA) housing market experienced a period of stability on a month-over-month basis in May, with home sales remaining at a low 7,013 transactions, the Toronto Regional Real Estate Board (TRREB) reports. That being said, “stability” is not...
by REM Editorial Team | May 30, 2024 | Boards & Associations, News
On Monday, the Ontario government announced the Homeowner Protection Act 2024, which contains new measures to enhance consumer protections for homeowners and buyers, aiming to prevent harmful business practices and support informed decision-making. The new measures...
by REM Editorial Team | May 28, 2024 | Boards & Associations, News
The City of Toronto recently approved the motion of allowing townhomes and small six-storey residential units along major streets. In response to the motion, Jennifer Pearce, Toronto Regional Real Estate Board (TRREB) president, says elected leaders need to step up...
