by REM Editorial Team | Oct 25, 2023 | News
We saw lower inflation numbers last month, which could lead to a better situation for home buyers – despite widespread concern over another interest rate hike today from the Bank of Canada. As of now, the overnight lending rate is at 5 per cent, a high of many years,...
by REM Editorial Team | Oct 24, 2023 | Announcements, News
On Monday this week, the Canadian Real Estate Association (CREA)’s CEO, Michael Bourque, announced he’s leaving the national organization. In an interview with REM earlier this year, he said “his decision to step down didn’t hinge on a single factor, though he was...
by James R.G. Cook | Oct 24, 2023 | Legal Issues
Co-authored by Christina Tassopoulos QUICK HITS When a property is owned by 2+ people, one owner might want to sell it against the wishes of the others. Under Ontario’s Partition Act, this is typically allowed. Stothers vs Kazeks is one of the rare...
by Emma Caplan-Fisher | Oct 23, 2023 | Boards & Associations, News
The future of Realtor.ca was discussed, debated and questioned on October 18 at an SGM hosted by the Canadian Real Estate Association (CREA). In an email, CREA spokesperson Pierre Leduc expressed the national board was “encouraged by the number of participants who...
by REM Editorial Team | Oct 20, 2023 | News
Amid the many interest rate hikes and ever-changing conditions we’ve seen in markets across the country, there are other stories interwoven. A big one is about the affordability of townhomes. Some markets are still hot and relatively affordable (such as Calgary),...
