REMI

home prices

construction

REMI Network

More stability predicted for TO home market

There is anticipation that more buyers and sellers will realize that the current rates, though higher than recent lows, remain historically low.
home sales

REMI Network

Canadian home sales gain ground in May

Sales rose in about 70 per cent of all local markets, including the Greater Toronto Area (GTA), Montreal, Greater Vancouver, Calgary, Edmonton, and Ottawa.
homes sales

REMI Network

Canadian home sales jump 11.3% in April

Home sales picked up across the country in April. The Canadian Real Estate Association reported a double digit jump of 11.3 per cent since March.
mortgage

REMI Network

Economists predict home prices could decline by 10 to 20% 

According to Finder's panel of economists, the most effective action the Bank of Canada can take to improve housing affordability greatly depends on interest rates.
home prices

CondoBusiness

Canada’s home prices show steady growth in H1

The sixth annual Price Per Square Foot survey released today by CENTURY 21 Canada found that more condo owners flocked to homes outside of the Greater Toronto Area and Vancouver.
homes prices

REMI Network

More interest rate hikes to follow in 2022, economists predict

Economists forecast a 15 per cent to 20 per cent drop in housing prices by the end of the year, with most believing new housing supply won’t bring prices down more than higher rate increases.
Ontarians

REMI Network

Majority of Ontarians feel priced-out of own towns

A new study found 54 per cent of parents are not planning on helping their children buy a future home.
recreational properties

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.
housing policies

REMI Network

Breaking down home buying supports in ‘demand-sided’ budget

Supply will remain an ongoing issue as new supports push more first-time homebuyers to Canada's housing market.
Montreal

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

Catastrophic flooding causes slump in sale prices

A new report from the Intact Centre on Climate Adaptation finds home prices have dropped in specific communities where catastrophic flooding occured.
OREA

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. 
stress test

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.
home sales

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.
own vs. rent

REMI Network

GTA home prices rise by up to 48% since COVID

Many people are relocating out of Toronto to the suburbs, driving home prices up. Here's where the highest appreciation is occurring.
Scarborough

REMI Network

National home price up 9.7 per cent in Q4

Markham, Vaughan, Burlington, Pickering, Oakville. The average home price in all these Ontario-based cities increased by at least $100,000 last quarter, compared to 2019.
liveable

REMI Network

New record set for Montreal home sales

This year, the Montreal Census Metropolitan Area recorded the highest number of home sales ever for the month of August since 2000.