Nearly 25% of Ontario Homes Valued Under 500,000, Report Finds

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Lower-priced homes now represent a larger portion of Ontario’s housing market, according to new data from the Municipal Property Assessment Corporation (MPAC). The assessment agency reports that nearly one-quarter of residential properties in the province are valued below $500,000, reflecting a notable change in the distribution of home values since the peak period earlier this … Read more

Survey: Half of Urban Canadians Would Move for Lower Costs

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House prices may be easing in many of Canada’s most expensive markets, but a new Royal LePage survey shows that roughly half of residents in the country’s three largest metropolitan areas are still actively considering a move to more affordable communities. The survey, conducted by Burson and sampling 900 Canadians, suggests affordability remains a major … Read more

Secure Condo Key Storage Solutions

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A cluttered collection of lockboxes shows the reality of poor condo key storage management, with handwritten labels and colour-coded Post-it notes making it difficult for agents to quickly locate keys. (Source: Polina Morgulis, Facebook) First impressions matter. Leading prospective condo buyers down a back alley to search for a lockbox beside a garbage bin is … Read more

Why the Senior Market Holds a Generational Opportunity

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More than 8 million Canadians are now aged 65 or older — roughly one in five people in the country. That proportion is expected to rise, and by the mid-2030s as many as one in four Canadians could be 65 or older. As Canada’s large Baby Boomer generation advances in age, many homeowners face major … Read more

Team Spotlight: Interview with Chuck and Melissa Charlton

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Real Estate Magazine regularly shares insights, experiences and advice from top-performing teams and agents across Canada. If you’d like to contribute or nominate a colleague or team, send us an email.   Chuck Charlton began his real estate career in 2003, and Melissa joined a few years later after completing her nursing degree. After relocating … Read more

How Two Toronto Agents Built a Trusted LGBTQ Real Estate Niche

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Julia Chopp (left) and Keanna Samuels at an educational event they hosted on June 19 for queer buyers and renters, which drew 25 people (photo: King Realty Co., Brokerage).   For many prospective homeowners, finding the right property is only one part of the process. Equally important is connecting with a real estate professional who … Read more

Should Real Estate Agents Need a College Degree?

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Should selling real estate require a college diploma? Below is a balanced look at the arguments for and against introducing a diploma for real estate licensing in Ontario, and why a middle path may be the most practical solution. In Ontario today, real estate education is delivered as a pre-registration course rather than as a … Read more

RECO Appoints Four Interim Board Members in Governance Shakeup

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A screenshot of RECO’s administrator Jean Lépine during Thursday’s AGM.   Four of the five members of the interim Real Estate Council of Ontario (RECO) board have now been confirmed. The newly assembled board brings together experienced leaders with backgrounds in governance, finance, safety and energy regulation, reflecting a deliberate emphasis on independence, professional expertise … Read more

Most Canadians Say There’s No Perfect Time to Buy a Home

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Economic uncertainty and rising costs are reshaping how Canadians approach homeownership, according to the latest RBC Home Ownership Poll. While many prospective buyers see a chance to act now, a larger share of Canadians say there is no single ideal moment to buy, reflecting deep divisions about market timing amid inflation, interest-rate concerns and broader … Read more

Listing Presentations Focused on Buyer Decisions, Not Credentials

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Walk into enough listing presentations and a pattern quickly becomes clear. An agent introduces themselves, lists production numbers, outlines a marketing package, and promises clear communication. The seller listens politely. The next agent repeats essentially the same script. Andrew Fogliato has been rethinking that familiar format and developing an alternative. In a recent episode, he … Read more