by Courtney Zwicker | Jul 7, 2025 | Boards & Associations, Legal Issues, News
The fallout of the multi-million-dollar Ponzi scheme by former Calgary Realtor Eric Drinkwater continues to unfold, with new developments relating to the fraudster’s one-time bosses and the brokerage he worked for. Drinkwater’s scheme centred around falsified bridge...
by Chris Mac Neil | Jul 7, 2025 | Advice for Agents, Guest Columns, News
Seller-financed deals—specifically vendor take-back (VTB) mortgages—aren’t just surviving in Canadian real estate. They’re booming. According to CoStar Canada, VTB transaction volume surged from $767 million in 2021 to $3.5 billion by the end of 2023, marking a nearly...
by Daniel Foch | Jul 4, 2025 | Boards & Associations, Columnists, News
I’m not going to pretend to be surprised by the major shifts we’ve seen in real estate in the Greater Toronto Area in June 2025: Prices are down 5.4 per cent Sales are down 2.4 per cent New listings (supply) is up slightly 7.7 per cent Active listings (inventory) is...
by REM Editorial Team | Jul 4, 2025 | Boards & Associations, News
Home sales in Vancouver were down 10 per cent year-over-year in June, but Greater Vancouver Realtors is holding out hope for the rest of the year as buyers come off the sidelines. GVR reports that residential sales in the region totaled 2,181 in June, down from 2,418...
by Susan Doran | Jul 3, 2025 | News
Canada’s ultra-luxury real estate market seems to be confirming the maxim that the mega-rich are different than the rest of us. While other sectors threaten to flat-line under the burden of President Donald Trump’s trade wars and the overall market slowdown, home...
by REM Editorial Team | Jul 3, 2025 | Boards & Associations, News
New listings in Calgary surged in June while sales slowed, with supply rising to levels not seen since 2021, according to the Calgary Real Estate Board. By the end of the month, inventory reached 6,941 units, an increase of 83% year-over-year, CREB reported in its...
