Housing Market
REMI Network
Demand sizzles for Canada’s recreational properties
Home prices are anticipated to rise up to 20 per cent in recreational markets over the course of 2022.
Canadian Apartment Magazine
The impacts of BC’s increased housing supply
The British Columbia Real Estate Association has released a report estimating the potential impacts of increased housing supply on BC's housing market.
Canadian Apartment Magazine
The allure of small markets
Demand for housing in Canada continues to rise in 2022, with small markets gaining popularity among prospective renters and homeowners alike.
REMI Network
Montreal area home prices rose significantly in March
Overbidding occurred in half of all transactions in the Montreal Census Metropolitan Area for the month of March.
REMI Network
Ontario raising foreign homebuyer tax to 20 per cent across the province
Currently, the non-resident speculation tax only applies to homes purchased in the Greater Golden Horseshoe Region.
REMI Network
B.C. realtors warn cooling-off reg will inflame competitive housing market
The BC Real Estate Association is giving a thumbs down to the government regulation that was approved yesterday as part of the Property Law Amendment Act.
CondoBusiness
4 in 10 Ontario parents helped buy child’s first home
According to a new poll from OREA, 4 in 10 Ontario parents helped their adult child purchase their first residential property.
CondoBusiness
Condo market offers hope amid housing woes
Those seeking more affordable housing options are finding a cure-all in the condo market, which offers affordability, availability, amenities, and neighbourhood liveability.
REMI Network
Housing market more vulnerable to downturn
Canada's housing market has reaching a new vulnerability high as homes prices accelerate alongside ongoing overvaluation.
CondoBusiness
Home buyers mull alternatives in overheated market
Some Canadians who are dreaming of buying a home are considering their options as housing prices remain out of reach in many markets over the past year.
REMI Network
Condos low on list for boomers thinking of buying
A new survey from Royal LePage found that 35 per cent of this cohort is thinking of buying a home in the next few years.
REMI Network
GTA condo sales above 10-year average
Condos, including units in low, medium and high-rise buildings, stacked townhouses and loft units, accounted for 2,396 new home sales in May.
REMI Network
GTA condo price rises by 44% since 2017 housing peak
Condos have appreciated more than any other housing type in the GTA when comparing the average price from the housing peak in 2017 to today.
REMI Network
Stricter mortgage stress test won’t quell buying frenzy anytime soon
While it’s hard to predict the consequences of the new stress test, the move isn’t necessarily a silver bullet for a cooler housing market, experts say.
REMI Network
Urban exodus in Ontario may be exaggerated
Small-town life appeals to only 18 per cent of big city residents who are considering selling their home in the next year.
REMI Network
Scarborough home values climb most during COVID
Properties purchased in Scarborough in the six months prior to COVID-19 have jumped in value by 25 per cent—appreciating more than other parts of Toronto, including the downtown core.
REMI Network
GTA home sales and listings down in April
Even though home sales in the GTA dropped 12.7 per cent in April compared to March, the market is still going strong.