by REM Editorial Team | Jan 17, 2025 | News
By most projections, the Canadian housing market is expected to see modest sales and price gains in 2025, but “it’s still a long way back to the 2022 highs,” according to BMO Senior Economist, Robert Kavcic. In BMO’s housing outlook for 2025, Kavcic predicts national...
by Daniel Foch | Jan 16, 2025 | Columnists
CREA released their December statistics along with their hallmark annual optimism heading into January. The big question on everyone’s mind is whether or not that optimism is warranted moving into 2025’s real estate market. CREA also seems to feel that we can see a...
by Christopher Alexander | Jan 16, 2025 | Guest Columns
What kind of real estate team are you running? Is it one based on ego, or on success? These are important questions, as we find ourselves on the precipice of what could be the next real estate boom. Lower interest rates are attracting sellers and buyers into the...
by REM Editorial Team | Jan 15, 2025 | News
The influx of 471,771 new permanent residents in 2023—and a targeted 485,000 for 2024—was a transformative force in driving luxury real estate demand across Canada’s major cities, according to the Sotheby’s International Realty Canada Top-Tier Real Estate: 2024 State...
by REM Editorial Team | Jan 15, 2025 | Boards & Associations, News
Ottawa saw 613 homes sell in December 2024, 7.9 per cent more than the previous year, the Ottawa Real Estate Board (OREB) reports. This was 6.8 per cent below the five-year average and 2.7 per cent below the 10-year average for December. Year-to-date, sales totalled...