by REM Editorial Team | Oct 23, 2024 | News
Today, the Canadian Real Estate Association (CREA) held a special general meeting (SGM) in Ottawa where members voted in favour of transitioning Realtor.ca into a wholly-owned taxable subsidiary of CREA. The platform has been operating on a not-for-profit basis to...
by The Canadian Real Estate Investor Podcast | Oct 23, 2024 | Columnists, News
This morning, the Bank of Canada (BoC) surprised the market by announcing a 50 basis point (bps) cut in its benchmark interest rate, bringing it down from 4.25 per cent to 3.75 per cent. As homeowners and potential buyers digest this news, the primary question on many...
by REM Editorial Team | Oct 23, 2024 | News
Canada’s luxury housing market stabilized in this year’s third quarter, with moderating growth in Toronto and Vancouver as the effects of population growth and declining mortgage rates offset a slowing economy and wavering consumer confidence. According to Sotheby’s...
by The Canadian Real Estate Investor Podcast | Oct 22, 2024 | Boards & Associations, News
The Canadian Real Estate Association (CREA) released its quarterly forecast on October 15 and, as it turns out, it’s a mixed bag. There’s cautious optimism as national home sales are expected to see a modest recovery, and interest rates are forecasted to drop...
by REM Editorial Team | Oct 22, 2024 | Announcements
This week, as part of its Political Action Committee (PAC) Days, the Canadian Real Estate Association (CREA) is hosting realtors from across Canada to meet with their local Members of Parliament to advocate for critical housing policies encouraging access to housing...
by Jamie Burke | Oct 21, 2024 | News
When Raven Woods, a master-planned development located in the Roche Point neighbourhood of Metro Vancouver’s North Shore, was originally built, it was one of the first businesses in North Vancouver to sell residential units on leasehold land. Leasehold land,...
