The timeless adage, “location, location, location,” has long been the undisputed mantra of the real estate world. For generations, this simple phrase encapsulated the essence of property value, dictating everything from desirability to investment potential. It was an immutable truth, a foundational principle that guided buyers, sellers, and agents alike. However, in an astonishingly rapid … Read more
Celebrating Sustainable Land Use: Insights from the British Columbia Land Awards The Real Estate Foundation of British Columbia (REFBC) recently hosted its esteemed Land Awards in Vancouver, a biennial event dedicated to recognizing outstanding achievements in sustainable real estate and land use across the province. These prestigious awards highlight individuals and projects that demonstrate exceptional … Read more
Real Property Management LP Strengthens Canadian Presence with Strategic Franchise Expansion in Ontario Real Property Management LP, a distinguished master franchisor in the residential property management sector across Canada, is thrilled to announce a significant expansion of its network with the welcoming of two new franchisees. This strategic growth underscores the company’s commitment to providing … Read more
In today’s dynamic digital landscape, a powerful online presence is no longer optional for real estate professionals – it’s a necessity. Instagram, with its highly visual nature and expansive reach, has emerged as an indispensable tool for real estate agents looking to connect with potential clients, build their brand, and showcase properties. However, simply being … Read more
Transforming Ukraine’s Real Estate Brokerage: A New Era of Western Standards and Transparency Ukraine, a nation of 45 million people in Eastern Europe, stands on the cusp of a significant transformation within its real estate brokerage industry. Over the coming years, the Ukrainian government, supported by leading real estate professionals, has committed to adopting Western … Read more
CBRE Toronto Offices Achieve Silver WELL Certification, Championing Workplace Well-being CBRE, a global leader in commercial real estate services and investment, proudly announces that its three prominent Toronto offices have achieved Silver level WELL Certification for New and Existing Interiors. This prestigious accreditation, awarded by the International WELL Building Institute (IWBI), underscores CBRE’s deep commitment … Read more
In 2019, the Canada Revenue Agency (CRA) reported a staggering 65-percent year-over-year increase in gross taxes related to real estate transactions, reaching an approximate total of $171 million. This surge was accompanied by penalties exceeding $57 million, representing more than double the amount from the previous year. These figures paint a clear picture: Canadian real … Read more
The Canadian housing market has entered 2023 much as it concluded 2022: with a pronounced sense of calm and a notable deceleration in activity. This trend, signaling a significant shift from the frenetic pace of recent years, is meticulously detailed in a new report from RBC. Robert Hogue, RBC’s assistant chief economist, highlights that January’s … Read more
Engel & Völkers Unveils New Luxury Real Estate Shop in Pickering, Ontario: A New Era for Durham Region’s High-End Market Pickering, Ontario recently marked a significant milestone in its burgeoning real estate landscape with the grand opening of the newest Engel & Völkers luxury real estate shop. This highly anticipated event, held at the sophisticated … Read more
A Rare Victory: Ontario Court of Appeal Upholds Return of Forfeited Deposit in New-Build Home Sale In the often-unyielding landscape of Ontario real estate law, the forfeiture of a deposit following a buyer’s failure to close a transaction is typically a final and absolute outcome. Yet, a recent decision from the Ontario Court of Appeal, … Read more