We have assembled a collection of thought provoking articles, reports, surveys, industry information, and other interesting content for your enjoyment.
by Yvonne von Jena | January 10, 2018
TORONTO, January 10, 2018—Royal LePage released their fourth quarter House Price Survey. The firm is coining 2017 as ‘the year of the condo’ due to the fact that, according to the Royal LePage National House Price Composite, condominium prices appreciated at the fastest rate of all housing types.
by Yvonne von Jena | December 28, 2017
Some are challenging foreign ownership statistics recently released by Statistics Canada. The reason for the inaccuracy is that a foreign investor can invest into Canadian real estate through a Canadian company without disclosing the true beneficial owner.
by Yvonne von Jena | December 22, 2017
According to RBC’s latest Housing Trends and Affordability report, Toronto, Vancouver, and Victoria home buyers are not experiencing any relief from housing affordability. As a result, RBC’s housing affordability measure eroded for a ninth consecutive quarter in Canada to its worst level since the end of 1990.
by Yvonne von Jena | December 22, 2017
Statistics Canada has been working hard behind the scenes, on a big initiative with Canada Mortgage and Housing Corporation called the Canadian Housing Statistics Program (CHSP), to develop a framework designed to address data gaps related to housing. Its first release provides insights into non-resident ownership in the census metropolitan areas (CMA) of Toronto and Vancouver.
by Yvonne von Jena | December 13, 2017
The Royal LePage House Price Composite, which measures home prices in 53 key Canadian cities and is powered by RPS, is expected to increase by 4.9% in 2018 to $661,919 in the face of a series of measures aimed at affordability challenges in Greater Vancouver and the Greater Toronto Area (GTA).
by Yvonne von Jena | December 1, 2017
Today the Toronto Real Estate Board (TREB) lost its Competition Tribunal appeal, and the court ruled that Toronto-area real estate agents can publish price details.
by Yvonne von Jena | November 28, 2017
Yesterday was the 3rd Annual Canadian FinTech and AI Awards Gala, which were hosted at the Carlu in Toronto. This year’s large turnout as well as the number of great nominees and presenters, point to continued growth and success of the sector. It also points to the broader involvement from across the country and how Canada is increasing its rank in the global FinTech sector.
by Yvonne von Jena | November 23, 2017
Recently Maclean’s published a set of articles on the expected impact of AI entitled, Is Canada ready for the radical change artificial intelligence (AI) will unleash? It’s an interesting question, and the answer is one with “Orwellian scenarios” with AI much “closer than most people realize”.
by Yvonne von Jena | November 20, 2017
The Office of the Superintendent of Real Estate of British Columbia (BC OSRE) is introducing new rules that will prohibit B.C. realtors from representing both the buyer and seller on one deal. BC is the first province to enact this kind of restriction but others may follow. For example, in April this year Ontario proposed introducing such a ban.