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Top REM | Real Estate Magazine News

Calgary home sales drop again in June as inventory keeps piling up: board
Real Estate · Calgary

Calgary home sales drop again in June as inventory keeps piling up: board

78% Left coverage: 18 sources
The Calgary Real Estate Board says home sales in the city decreased 16.5 per cent in June compared with last year as higher levels of new listings led to inventory gain. The board says 2,286 homes changed hands last month, with declines recorded across all property types year-over-year.See the Story
Transit and Housing Boost Appeal and Affordability, Says REMAX Canada, Spotlighting Emerging Neighbourhoods - RE/MAX Holdings (NYSE:RMAX)
Real Estate · Toronto

Transit and Housing Boost Appeal and Affordability, Says REMAX Canada, Spotlighting Emerging Neighbourhoods - RE/MAX Holdings (NYSE:RMAX)

67% Left coverage: 3 sources
Population growth in the Greater Toronto and Greater Vancouver Areas is straining aging infrastructure, yet remains a vital force driving community development and long-term prosperity Four in five Canadians would recommend their neighbourhood as a great place to live. Three-quarters of Canadians (76 per cent) have made compromises to live where they do, mainly accepting higher housing costs in urban areas (37 per cent, down from 44 per cent in…See the Story
The Realtor’s guide to Canada’s sustainable housing future
Housing · Canada

The Realtor’s guide to Canada’s sustainable housing future

As Canada continues to grapple with housing challenges, real estate professionals and housing providers are increasingly being drawn into conversations about how we build, where we build, and for whom, working to find housing that is financially more accessible to meet demand as quickly as possible.  Terms like “purpose-built rentals,” “multi-family homes,” and “sustainable development” are more than just industry buzz. They represent a shift in…See the Story

GTA market holding its breath for what’s next: Foch

I’m not going to pretend to be surprised by the major shifts we’ve seen in real estate in the Greater Toronto Area in June 2025: Prices are down 5.4 per cent Sales are down 2.4 per cent New listings (supply) is up slightly 7.7 per cent Active listings (inventory) is up a whopping 30.8 per cent Properties are taking longer to sell, with a 30 to 40 per cent increase in days on market  In fact, active listings finally jumped up to the point that w…Toronto, ON · TorontoRead Article

McLachlan challenges TRREB’s expanding role in Realtor education

Re/Max Hallmark CEO Ken McLachlan says the Toronto Regional Real Estate Board (TRREB) has “lost its way” and now acts more as a training platform, rather than a real estate board. McLachlan told Real Estate Magazine that TRREB is “not operating according to its purposes.” “In the last year, it has gradually turned into a training board for the Realtors, providing services which are frankly the job of brokerages,” he said in an email to REM. “Mor…Education · TorontoRead Article

How real estate agents can harness AI without losing the human connection

When most people think about AI in real estate, they picture chatbots or automated email drip campaigns. Of course, those are part of it, but what’s really exciting is how today’s AI tools are starting to support every part of the home buying process, from the first online search to the final signature. As someone building a career in this industry, I’ve seen firsthand how fast things are shifting. Clients expect more speed, more personalization…Artificial Intelligence · CanadaRead Article

After a wild market run, Krista Bradley navigates a new normal in Southern Georgian Bay

Realtor Krista Bradley prides herself on helping people settle into a simpler life outside the bustle of Toronto, but navigating rapidly changing market conditions over the last five years in Collingwood and The Blue Mountains has been anything but simple. The Century 21 agent said her local market is coming back to earth after a whirlwind few years, which started with a “huge boom” during COVID-19 as city dwellers exited in droves, seeking an e…Collingwood, Ontario · CollingwoodRead Article

Homeownership in Canada most affordable in three years: RBC

Homeownership in Canada is now the most affordable it has been since 2022, according to a new report from Robert Hogue, assistant chief economist at RBC.  The bank’s aggregate affordability measure fell to 55.1 per cent in the first quarter of 2025, down from 60.7 per cent a year ago. Lower interest rates, slight price reductions, and steady household income growth contributed to the improvement. “Prices are still a long way from more attainable…Toronto, ON · TorontoRead Article

One Country, Two Markets: Condo fortunes drift further apart in Vancouver and Toronto

A tale of two condo markets continues to unfold in Toronto and Vancouver, with the former seeing steeper price declines. Brendon Ogmundson, chief economist with the BC Real Estate Association, points to CREA data that shows “wild divergence” between Toronto and Vancouver’s apartment prices since a convergence in 2022, with Toronto’s prices down about 20 per cent, while Vancouver’s are just slightly off from the peak. “There must be a much bigger…Stock Markets · VancouverRead Article

It’s time to rethink B.C.’s flawed short-term rental policy

British Columbia is facing a serious housing affordability challenge, and policy solutions must be focused, evidence-based and responsive to the diverse realities of communities across the province. In 2023, the Government of British Columbia introduced the Short-Term Rental Accommodations Act, which imposed province-wide restrictions on the use of most non-principal residences for short-term rental purposes. The intent was clear: the province w…British Columbia · British ColumbiaRead Article

The secret to precise valuations? It’s not what you think

When real estate professionals talk about “comparable properties,” or “comps,” they’re referring to the backbone of property valuation. Whether you’re preparing a Comparative Market Analysis (CMA) for a seller or advising a buyer, comps are the essential reference points that help determine a property’s market value.  But what exactly makes a property “comparable,” and are we missing something by focusing solely on the technical side of the equa…Property · CanadaRead Article

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