by REM Editorial Team | Aug 4, 2023 | News
Canadian housing prices have experienced a slight decline due to rising interest rates, but experts assert that the market remains on a long-term upward trend, indicating no imminent freefall in sight. According to the seventh annual Price per Square Foot survey...
by REM Editorial Team | Aug 3, 2023 | News
A Kamloops real estate agent has been fined $20,000 after being caught on camera drinking milk straight out of the carton at a home he was showing to potential buyers. The agreement was reached between realtor Mike Rose and the B.C. Financial Services Authority...
by REM Editorial Team | Aug 3, 2023 | Boards & Associations, News
Home prices in Metro Vancouver continued to rise across all property types in July, according to new data from the Real Estate Board of Greater Vancouver (REBGV). Residential home sales soared to 2,455 in July 2023, representing a 28.9 per cent year-over-year...
by REM Editorial Team | Aug 3, 2023 | Boards & Associations, News
The Ontario government has announced that Phase 2 of the Trust in Real Estate Services Act (TRESA) will come into force on Dec. 1. According to a statement from Tim Hudak, CEO of the Ontario Real Estate Association (OREA), TRESA represents the “most substantial...
by REM Editorial Team | Aug 2, 2023 | News
Canada has experienced a population boom — growing by over 1.2 million in the past 12 months, surpassing the pace seen in previous years. A recent report from TD Economics delves into whether the swing in population has gone too far, too fast. The surge, referred to...