by Gerald Tostowaryk | Oct 11, 2024 | Columnists
No surprise to most of us, the Competition Bureau (CB) is investigating the Canadian Real Estate Association (CREA)’s MLS commission policy requiring a commission be paid to buyers’ agents, and the Cooperation Policy requiring all listings to be on the MLS within...
by REM Editorial Team | Oct 4, 2024 | Announcements, Boards & Associations
This week, the Canadian Real Estate Association (CREA) announced the launch of its Canadian Realtors Care Award 2025. The award recognizes the long-lasting impact of realtors nationwide who dedicate their time and efforts to charities and causes important to them....
by REM Editorial Team | Sep 30, 2024 | News
The federal Competition Bureau is investigating whether rules set by the Canadian Real Estate Association (CREA) are pressuring home sellers to pay higher commissions to real estate agents, the National Post reports. The inquiry, launched in June, is looking into two...
by The Canadian Real Estate Investor Podcast | Sep 20, 2024 | Boards & Associations, Columnists
There’s an interesting pattern emerging in Canadian real estate: ever since the Bank of Canada’s first rate cut, home sales have increased as buyers get improved affordability, though still well below the long-term average. Price recovery is still yet to be found, and...
by REM Editorial Team | Sep 20, 2024 | Boards & Associations, News
On Monday, the federal government announced changes to mortgage rules to help more qualified buyers access mortgages and become homeowners. The changes, taking effect this year on December 15, include allowing 30-year amortizations for first-time buyers and for newly...