by Daniel Foch | Nov 18, 2024 | Columnists, News
The Canadian real estate market experienced a relatively large burst of momentum in October 2024, with home sales activity reaching its highest level since April 2022. For the first time since the Bank of Canada’s interest rate hikes, monthly home sales broke above...
by Mario Toneguzzi | Nov 13, 2024 | Boards & Associations, News
A newly designated provincial flood zone in Quebec has sparked concerns and anger across the real estate industry. The Quebec Professional Association of Real Estate Brokers (QPAREB) says the new zone affects 77,000 properties potentially impacting property values,...
by REM Editorial Team | Oct 16, 2024 | Boards & Associations, News
The Canada Mortgage and Housing Corporation (CMHC) recently reported that Ottawa’s “population-adjusted construction is at its lowest level in nearly 10 years.” A City of Ottawa progress report shows that Ottawa is only at 22 per cent of its annual housing target at...
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 29, 2024 | Boards & Associations, News
The BC Real Estate Association (BCREA) and the Canadian Mortgage Brokers Association — British Columbia (CMBA-BC) are asking the B.C. Government to amend and refine recent changes to the Residential Tenancy Act (RTA). Changes laid out in Bill 14, which amends the RTA...
