by REM Editorial Team | Sep 6, 2024 | Boards & Associations, News
Last month, Calgary’s market continued to move from the strong seller’s market conditions of the spring, the Calgary Real Estate Board (CREB) reports. More inventory and fewer sales brought months of supply to more than two months, a level unseen since 2022. “As...
by REM Editorial Team | Sep 3, 2024 | News
As the long-awaited decline in interest rates begins to take shape, early insights from Re/Max brokers and agents nationwide suggest the fall’s housing market activity will be steady. According to Re/Max’s 2024 Fall Housing Market Outlook, average sale prices for all...
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 Mario Toneguzzi | Aug 23, 2024 | News
While there were early signs of renewed momentum in June following the Bank of Canada’s first interest rate cut since 2020, activity in Canada’s housing market took a pause in July, according to data released earlier this month by the Canadian Real Estate Association...