by Daniel Foch | Feb 7, 2025 | Columnists
I think January 2025’s supply story is one of those data points. This could be the biggest year-over-year jump up in new listings we’ve ever seen, and the majority of it was driven by condos. In 2024, we started with 6,300 active condo listings and almost hit 12,000....
by Jordana Springgay | Feb 6, 2025 | Legal Issues
Mike Banks (Source: Facebook) An Edmonton Realtor has been hit with a one-month license suspension and fined $21,000 after being found guilty of misconduct by the Real Estate Council of Alberta (RECA). According to the decision dated Jan. 17, Micheal “Mike” Cordell...
by REM Editorial Team | Feb 6, 2025 | Boards & Associations, News
Metro Vancouver’s housing market is seeing a strong start to 2025, with new listings up nearly 47 per cent year-over-year, according to the latest data from the Greater Vancouver Realtors(GVR). While buyer demand remains steady, the uptick in inventory is keeping...
by Mark Sakai | Feb 5, 2025 | Columnists
Wildfires are big news. Last July in Jasper, the country watched in horror as a wildfire consumed one-third of the town’s structures, forced the evacuation of 25,000 residents, and resulted in the death of one firefighter and insurance claims of $880-million. Now...
by REM Editorial Team | Feb 5, 2025 | Boards & Associations, News
Calgary’s sub-zero temperatures aren’t cooling buyer activity, according to the latest data from the Calgary Real Estate Board. Despite a 12 per cent drop in home sales year-over-year in January, sales remained 30 per cent higher than the seasonal average. CREB is...