by Jamie Burke | Aug 20, 2024 | News
The term “missing middle” has become as common in today’s real estate vocabulary as “a hot market” or “location, location, location.” Cliches often have some truth in them — and in the case of the “missing middle,” it’s gaining traction in the Canadian real estate...
by REM Editorial Team | Aug 20, 2024 | Boards & Associations, News
In July, Ottawa’s housing market saw a significant uptick in activity, with 1,241 homes sold through the MLS system, the Ottawa Real Estate Board (OREB) reports. This marks a 13.6 per cent increase from July 2023, signaling a strong month for sales. However, despite...
by Jamie Squires | Aug 19, 2024 | Guest Columns
As real estate professionals, we’re well aware of the challenges facing today’s housing market, especially for younger buyers. Millennials and Gen Z are finding it increasingly difficult to break into the market due to soaring property prices, high interest...
by REM Editorial Team | Aug 19, 2024 | News
The Greater Toronto Area (GTA) housing market saw a noticeable drop in bidding competition this July, marking the fourth consecutive month of decline, according to Wahi. Only 14 per cent of GTA neighbourhoods experienced overbidding, down from 27 per cent in June, as...
by REM Editorial Team | Aug 15, 2024 | News
A new report from Re/Max Canada reveals that the detached housing market in the Greater Toronto Area (GTA), Greater Vancouver and Fraser Valley is being fueled primarily by investors and move-up buyers. With first-time homebuyers increasingly priced out of these...
