Update: The Competition Tribunal’s final order has been released and provides crucial clarity on the future of real estate data access in Canada. You can read the full order here. Competition Tribunal Mandates Open Access to Real Estate Data, Upholding Market Transparency and Consumer Rights In a pivotal development poised to reshape the Canadian real … Read more
The Association of Saskatchewan Realtors (ASR) recently demonstrated its profound commitment to community well-being by presenting a cheque for over $38,000 to the Saskatoon Community Foundation (SCF). This substantial donation underscores the real estate community’s dedication to enhancing the quality of life across Saskatchewan, reflecting a powerful blend of professional success and philanthropic spirit. The … Read more
In an increasingly digital world, it might seem counterintuitive, but the human voice remains one of the most powerful tools for connection and conversion. Yet, a striking statistic reveals that approximately 48 percent of people harbor a significant apprehension towards making phone calls. This phenomenon, often termed ‘call reluctance’ or ‘phone phobia,’ has, ironically, been … Read more
The Vital Economic Contribution of Canada’s Retail Real Estate Sector The retail real estate sector in Canada stands as a formidable pillar of the national economy, extending far beyond simply providing spaces for commerce. Its influence permeates various economic layers, from direct capital investments and job creation to substantial tax contributions and income generation. A … Read more
The Canadian real estate landscape is on the cusp of a significant transformation, spurred by legal challenges to traditional commission structures. A landmark development occurred with RE/MAX Canada’s agreement to a $7.8-million CAD settlement in the Sunderland and McFall class-action lawsuits. These lawsuits, mirroring similar actions south of the border, contend that the existing system … Read more
Navigating Property Boundary Disputes: Understanding Easements and Rights-of-Way in Ontario Real Estate Law Property boundary disputes and issues concerning rights-of-way are notoriously complex, often leading to tense confrontations between neighbours. Such disagreements are not merely about land; they frequently delve into deeply personal feelings about privacy, entitlement, and the sanctity of one’s home. Resolving these … Read more
In response to “CREA president Andrew Peck on the state of the real estate industry“: A Critical Examination of Real Estate Regulation in British Columbia: Unintended Consequences and the Erosion of Consumer Choice The real estate industry, particularly in dynamic markets like British Columbia, is perennially subject to shifts in regulation aimed at enhancing public … Read more
Royal LePage Humania Expands Dominance with Strategic Acquisition of Via Capitale Centre and Innovation In a significant move set to reshape the real estate landscape in Quebec, Royal LePage Humania, recognized as the province’s largest traditional real estate brokerage, has announced the successful integration of Via Capitale Centre and Via Capitale Innovation. This strategic acquisition … Read more
A significant development in the Canadian luxury real estate market has been announced: Draco Realty, a prominent brokerage based in Markham, Ontario, has officially joined forces with Engel & Völkers, a world-renowned global luxury brand. This strategic affiliation marks a pivotal moment for both entities, promising to elevate real estate services in Markham and beyond, … Read more
Canadian Real Estate Outlook 2023: Resilience in Residential and Industrial Sectors Amid Economic Shifts According to the latest comprehensive report from Morguard, a leading real estate investment company, the Canadian multi-suite residential rental and industrial sectors are poised for continued robust demand throughout 2023. This projection stems from persistent market fundamentals characterized by a significant … Read more