by Christopher Alexander | Jan 29, 2024 | Boards & Associations, Guest Columns
The Canadian Real Estate Association (CREA) released its housing market statistics for the final month of 2023 last week, closing out a year that can be defined as, if anything, “unpredictable.” According to CREA’s December report, 2023 ended with a jump in sales and...
by Daniel Foch | Jan 17, 2024 | Boards & Associations, Columnists
The recent history of Canadian real estate has been full of surprises. In 2022, we saw the biggest price drop in Canadian history. In 2023, we followed that up with the strongest spring market in Canadian history when measured by price growth from January to May. We...
by REM Editorial Team | Jan 12, 2024 | News
Canada’s national benchmark price for homes hit its 2023 peak last June, at $760,600, before it made a downturn over the following five months, according to the Canadian Real Estate Association. Many of the country’s major markets have followed suit, including...
by Daniel Foch | Jan 5, 2024 | Boards & Associations, Columnists
Since the peak in 2022, Toronto’s real estate market has been in a funk. Over that period of time, we’ve seen a few key themes emerge: A decrease in price, which later stabilized into a sideways market with typical seasonal patterns A decrease in sales, which has...
by Emma Caplan-Fisher | Jan 4, 2024 | News
Yesterday, the Realtor Cooperation policy became effective. Created by the Realtor Code’s Duty of Cooperation (Article 30), the policy’s amendment will limit how exclusive listings can be marketed. It’s intended to improve professionalism and collaboration in Canadian...
