RIM Real Estate Industry Media

RIM Real Estate Industry Media Real Estate Industry Media (RIM) is an international news provider founded in Canada

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05/07/2025

.. To read more tap on the link in bio

🇦🇪 Want the full story? Dive in at realestateindustrymedia.com – just tap the link in our bio!
05/07/2025

🇦🇪 Want the full story? Dive in at realestateindustrymedia.com – just tap the link in our bio!

Canadian Real Estate Market Trends and Insights*The Canadian real estate market is experiencing a significant transforma...
04/14/2025

Canadian Real Estate Market Trends and Insights*
The Canadian real estate market is experiencing a significant transformation, driven by various factors such as interest rate changes, economic uncertainty, and shifting consumer behavior. As we navigate this complex landscape, it's essential to stay informed about the latest trends and insights.

Market Trends:

Interest Rate Impact: The Bank of Canada's interest rate decisions have significantly impacted the real estate market, with higher rates reducing affordability and demand.
Price Adjustments: The Canadian Real Estate Association (CREA) reports that the national average home price has decreased by 18.4% from its peak in February 2023, with some markets experiencing more significant declines.
Sales Activity: Home sales in major cities like Toronto and Vancouver have slowed down, with the Toronto Regional Real Estate Board (TRREB) reporting a 23.1% year-over-year decline in sales in March 2025.

Regional Variations:

*Toronto*: The Toronto market has entered a bear market, with sales plunging and inventory rising. The TRREB reports that the average selling price in the GTA has decreased by 2.5% year-over-year.
*Vancouver*: Despite historically weak sales, Vancouver real estate prices have risen substantially, with buyers bidding up prices. The Real Estate Board of Greater Vancouver (REBGV) reports that the MLS Home Price Index Composite benchmark has increased by 2.1% year-over-year.

Economic Factors:

Economic Uncertainty: Ongoing economic uncertainty, including potential recession risks, has shaken market confidence and contributed to decreased demand.
Job Market Concerns: Over 1 in 5 Canadians fear losing their job within the next 12 months, according to a Bank of Canada survey, which could further impact the real estate market.

Stabilization: Experts predict that the Canadian real estate market will continue to stabilize, with prices and sales activity expected to remain steady in the coming months.
Opportunities: Despite the challenges, there are opportunities for buyers, sellers, and investors who are well-informed and strategic in their approach.

Don't miss the biggest International Property Show in Canada -- The Canada International Property Show 2025 taking plac...
04/04/2025

Don't miss the biggest International Property Show in Canada -- The Canada International Property Show 2025 taking place on April 12-13 at the Mississauga Convention Center.
Admission is FREE! Read the full story online at RIM'S website

Icons of modern architecture
03/10/2025

Icons of modern architecture

Tridel: A Legacy of Excellence in Condominium LivingWith over 90 years of experience in homebuilding, Tridel is a truste...
03/06/2025

Tridel: A Legacy of Excellence in Condominium Living

With over 90 years of experience in homebuilding, Tridel is a trusted name in Canada’s real estate industry. Having built more than 90,000 homes, Tridel is synonymous with quality, innovation, and sustainability. Their communities are designed with a commitment to environmental responsibility under the philosophy of Built Green. Built for Life., ensuring modern, energy-efficient, and enduring living spaces. 🇨🇦

Mattamy Homes is the largest privately owned homebuilder in North America, with more than 45 years of history across the...
02/18/2025

Mattamy Homes is the largest privately owned homebuilder in North America, with more than 45 years of history across the United States and Canada.

Visionary "10 on 10" initiative and Bollywood Brand Ambassador Elevate Dubai's Real Estate Landscape. Read the full stor...
02/16/2025

Visionary "10 on 10" initiative and Bollywood Brand Ambassador Elevate Dubai's Real Estate Landscape. Read the full story online at www.realestateindustrymedia.com

Exclusive Coverage by RIM:Danube Properties launches Dh. 2.4 Billion project in JLT Dubai – DiamondRizwan Sajan, the vis...
04/20/2024

Exclusive Coverage by RIM:Danube Properties launches Dh. 2.4 Billion project in JLT Dubai – Diamond
Rizwan Sajan, the visionary Founder and Chairman of Danube Group, expressed his delight at the project’s launch, emphasizing the company’s commitment to enhancing the value proposition for homebuyers. With a focus on promoting a holistic lifestyle, Diamondz endeavors to provide residents with access to world-class fitness facilities, ensuring a harmonious balance between work and leisure.
Read the full story online at www.realestateindustrymedia.com

In March 2024, the New York real estate scene is a fascinating mix of highs and lows, where understanding the nuances ca...
03/24/2024

In March 2024, the New York real estate scene is a fascinating mix of highs and lows, where understanding the nuances can make or break a deal. With median home prices holding strong at around $518,800 in January 2024, and a surprising 37.3% of homes selling above their list price, the market seems robust. But scratch beneath the surface, and you’ll find a different story.

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