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 | Aug 13, 2024 | Boards & Associations, News
Saskatchewan’s housing market continued its strong performance in July, with the Saskatchewan Realtors’ Association (SRA) reporting 1,667 sales — a 7.0 per cent increase from the previous year and over 20 per cent above the long-term 10-year average. This marks...
by REM Editorial Team | Aug 6, 2024 | Boards & Associations, News
Now that the busy spring market is behind us, Calgary is beginning to see some shifts in supply levels, the Calgary Real Estate Board (CREB) reports. July recorded 2,380 sales and 3,604 new listings, resulting in a sales-to-new listings ratio of 66 per cent, which has...
by REM Editorial Team | Jul 25, 2024 | News
Yesterday, the Bank of Canada lowered its overnight lending rate by 25 basis points to 4.5 per cent, the second consecutive rate cut this year. The Bank says that growth in the Canadian economy has picked up but is still below long-term potential and that our...
by REM Editorial Team | Jul 10, 2024 | Boards & Associations, News
Metro Vancouver home sales in June stayed below average, at 2,418 (19.1 per cent less than a year prior and 23.6 per cent below the 10-year seasonal average), with inventory climbing to levels not seen since spring 2019, Greater Vancouver Realtors (GVR) reports. “The...
