by REM Editorial Team | Sep 5, 2024 | Boards & Associations, News
Last week, Greater Vancouver Realtors (GVR) released its 2024 second-half (H2) housing forecast, which reviews new dynamics impacting the market along with economic trends that informed the first half of 2024. Here are some highlights of what GVR expects for the...
by REM Editorial Team | Sep 3, 2024 | Boards & Associations, News
Recently, the Home Construction Regulatory Authority (HCRA) revoked Mariman Homes’ license to build and sell homes in Ontario. This is the strictest action the authority can take against a licensed builder. What happened Due to complaints from...
by REM Editorial Team | Aug 27, 2024 | Boards & Associations, News
Results from the Canadian Home Builders’ Association (CHBA) 2024 Q2 Housing Market Index (HMI) showed even worse builder sentiment than the previous quarter across key Canadian regions. CHBA reports that new home sales figures indicate housing starts activity won’t...
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 The Canadian Real Estate Investor Podcast | Aug 19, 2024 | Boards & Associations, Columnists
Despite gaining momentum in June, after the Bank of Canada’s rate cut that month, activity in Canada’s housing market paused in July. Last month, home sales dipped 0.7 per cent on a month-over-month basis, reversing a small portion of June’s post-first rate cut gains....
by REM Editorial Team | Aug 13, 2024 | Boards & Associations, News
After recently announcing that Tim Hudak decided not to continue in his role as CEO, the Ontario Real Estate Association (OREA) says it has started a comprehensive internal and external search to identify Hudak’s permanent successor in leading the association. Hudak’s...