by REM Editorial Team | Dec 13, 2024 | News
In the coming decade, average condo prices in some of Canada’s largest cities—including Toronto, Vancouver and Halifax—are expected to cross the $1-million mark. While condos have long been viewed as the most accessible entry point to the housing market, data analysis...
by REM Editorial Team | Dec 13, 2024 | News
The regulator for Ontario’s real estate industry is preparing for a major leadership change. Michael Beard, CEO of the Real Estate Council of Ontario (RECO), is announcing his retirement effective February 2025. Beard, who took the helm in 2017, reflects on his...
by REM Editorial Team | Dec 12, 2024 | News
Real estate services dominated consumer complaints in British Columbia last fiscal year, according to the inaugural Consumer Complaints and Investigations Report 2023-2024 from the BC Financial Services Authority (BCFSA). Real estate services complaints by the...
by REM Editorial Team | Dec 10, 2024 | News
This past year delivered a mixed bag for the Greater Toronto Area’s real estate market, with declining prices, mediocre home sales and an increase in average days on market. According to Wahi’s 2024 Housing Market Snapshot, early hopes for a spring rebound fell flat,...
by REM Editorial Team | Dec 6, 2024 | Boards & Associations, News
The Ontario Real Estate Association has officially begun the search for its next CEO. Following Tim Hudak’s resignation in August 2024 after seven years at the helm, OREA has enlisted Ketchum Canada Inc. a consulting firm in the not-for-profit space, to lead the...