Canada’s two-year prohibition on non-Canadian residential property purchases has been in effect for over a month, presenting a complex and evolving landscape for real estate professionals nationwide. While many industry experts predict a minimal impact on the overall real estate market, primarily due to the historically low percentage of transactions involving foreign buyers, the sector … Read more
Growing up in Canada, a child of English heritage, my palate was introduced to the delicate art of simple yet profound flavors. Few culinary memories are as vivid as the taste of homemade bread and butter pickle sandwiches or the abundance of paper-thin cucumber tea-time sandwiches. The fresh, crisp fragrance of sliced cucumber remains unparalleled … Read more
Canada’s recreational real estate market, which experienced an unprecedented surge in demand and impressive double-digit price gains over the past two years, is poised for a significant cool-down in 2023. A recent report by Royal LePage indicates that waning activity and pervasive economic uncertainty are key factors contributing to this softening trend, bringing a degree … Read more
Navigating Uncertainty: The Bank of Canada, Recession Risks, and the Future of British Columbia’s Housing Market As economic forecasts sharpen and anticipation builds, the Bank of Canada stands poised to deliver what is widely expected to be its eighth consecutive interest rate hike. This anticipated move, often a necessary measure to curb persistent inflation, simultaneously … Read more
Revolutionizing Homeownership: Realty One Group and BUHW Launch Comprehensive One Home Warranty Program in Canada For many, purchasing a home is the single largest investment of their lives. It’s a journey filled with excitement, anticipation, and often, a touch of apprehension about potential unforeseen issues. Recognizing this critical need for enhanced protection and peace of … Read more
Winnipeg Real Estate Broker Permanently Barred and Fined for Egregious Fraud In a significant ruling by the Manitoba Securities Commission (MSC), a former Winnipeg real estate broker and owner, David Douglas, has been permanently prohibited from holding any real estate or mortgage broker licence. The severe judgment also includes a substantial fine of $60,000, underscoring … Read more
Celebrating Decades of Dedication: Wayne Cornfield Honored for Exemplary Service to Southern Georgian Bay Real Estate The Southern Georgian Bay Association of Realtors (SGBAR) recently paid tribute to one of its most esteemed and long-serving members, Wayne Cornfield, recognizing his exceptional volunteer service and profound commitment to the association and the wider real estate … Read more
The following is an edited conversation with James Mabey, CREA Chair for 2024-25, originally published by REM. CREA’s Vision: Navigating Change and Driving Innovation in Canadian Real Estate As the Canadian real estate landscape continues its dynamic evolution, the Canadian Real Estate Association (CREA) remains at the forefront, adapting to new challenges and embracing innovation. … Read more
Realtor Quest: Unveiling Innovation and Driving Growth in Canadian Real Estate As Canada’s largest and most anticipated real estate trade show and conference, Realtor Quest consistently sets the benchmark for industry gatherings. The 18th annual Realtor Quest, orchestrated by the esteemed Toronto Real Estate Board (TREB), once again underscored its critical role in shaping the … Read more
Fueling Compassion: Lakelands Realtors Keep Haliburton Warm with Dedicated Community Support In a heartwarming display of community spirit and unwavering commitment, members of the Muskoka Haliburton Orillia – The Lakelands Association of Realtors recently dedicated a morning to a truly impactful cause. With axes and determination, they spent hours splitting wood, meticulously adding to a … Read more