by Danny Kucharsky | Nov 8, 2024 | News
More sellers are cancelling their listings as they wait for interest rates to come down, according to economist Daren King of National Bank Financial Markets. In Ontario about 36 per cent of listings were cancelled in September, King says, far more than the 25 per...
by REM Editorial Team | Nov 8, 2024 | Boards & Associations, News
Home sales in Metro Vancouver jumped 31.9 per cent in October compared with the same month last year, according to Greater Vancouver Realtors (GVR). The real estate board says the strong sales are a sign buyers may be responding to lower interest rates. “To some...
by James R.G. Cook | Nov 7, 2024 | Columnists, Legal Issues
QUICK HITS In Langen v. Sharma, buyers who agreed to purchase a $2.9-million home later discovered discrepancies in the listing’s tax and square footage information, affecting their financing. They requested a price reduction and an extension, which the sellers...
by Daniel Foch | Nov 6, 2024 | Boards & Associations, News
A lukewarm attempt at recovery seems to be appearing in Toronto’s real estate market. For the first time in a while, it seems that demand has been able to outgrow supply. According to October data from the Toronto Regional Real Estate Board, active listings are still...
by REM Editorial Team | Nov 6, 2024 | Community
Engel & Völkers recently announced that Julie Thompson will take on the role of senior vice president of brokerage relations. Thompson, who is based in Toronto, previously worked as regional vice president of brokerage services for the company from June 2017 to...
