by REM Editorial Team | Oct 17, 2025 | News
New condominium sales in the Greater Toronto Hamilton Area (GTHA) have fallen to their lowest level in 35 years, while project cancellations have already reached a record high, according to a new report from Urbanation Inc. In its Q3-2025 Condominium Market Survey,...
by Daniel Foch | Sep 16, 2025 | Boards & Associations, Columnists
The headlines heralding a rebound in Canadian housing carry a familiar air of triumphalism. August marked the fifth consecutive month of sales gains, edging national transactions 1.1 per cent higher on a seasonally adjusted basis and bringing cumulative activity...
by REM Editorial Team | Aug 8, 2025 | News
Canada’s average asking rent took another step down in July, the tenth consecutive month for year-over-year decreases. The national average asking rent last month was $2,121, down $4 from June and $80 from July 2024, according to the latest National Rent Report by...
by Daniel Foch | May 6, 2025 | Boards & Associations, News
The Greater Toronto Area housing market just logged one of its ugliest Aprils in recent memory. Inventory is exploding. Sales are evaporating. Prices are falling across nearly every category. And buyers? They’re nowhere to be found. There’s no panic in the streets,...
by REM Editorial Team | Apr 16, 2025 | News
It was a tough first quarter for new condo sales in the Greater Toronto Hamilton Area (GTHA), with activity falling to levels not seen in decades. According to a new Urbanation report, only 533 new condo apartments were sold in the first quarter (Q1) of 2025—a 62 per...