by Jordana Springgay | Mar 18, 2025 | Boards & Associations, News
The Canadian Real Estate Association is proposing a $75 special assessment for members to bolster its legal defence fund amid a flurry of legal issues. In an email sent to member boards and associations, CREA says its legal costs ballooned from $626,000 in 2023 to...
by Jordana Springgay | Mar 12, 2025 | Boards & Associations, News
The impact of U.S. tariffs and chaotic back-and-forth threats are rippling through housing markets across Canada, and the uncertainty isn’t likely to fade anytime soon. Robert Hogue, assistant chief economist at RBC, dissected February data from local boards and says...
by Jordana Springgay | Feb 21, 2025 | Boards & Associations, News
Re/Max Canada confirms it has reached a “substantial agreement on monetary terms and business practice changes” to settle two class-action lawsuits challenging real estate commission structures, marking a significant development in the ongoing legal battle...
by Jordana Springgay | Feb 18, 2025 | Legal Issues
Menethil Properties Ltd., and its director, Yu “David” Song, are once again under fire. This time, the British Columbia Financial Services Authority (BCFSA) has ordered the Kelowna, B.C.-based rental property brokerage to halt operations following the suspension of...
by Jordana Springgay | Feb 14, 2025 | News
The Canadian housing market finds itself at a critical juncture in 2025, as the threat of U.S. tariffs adds uncertainty to an already delicate economic environment. According to RBC Economics, “the significant risk that tariffs pose to Canada’s economy casts a...
