2024 may not be getting a “spring market”. In April 2024, the Toronto housing market saw a decline in home sales compared to April 2023, when we saw one of the strongest spring markets in Canadian history, measuring price growth from January to May 2023. This muted demand was compounded by a substantial increase in new listings year-over-year, offering home buyers more options and resulting in a relatively stable pricing environment. The Toronto Regional Real Estate Board (TRREB) reported a five percent year-over-year decrease in sales, accompanied by a notable 47.2 percent rise in new listi ..read more

Welcome to Ask A Stager, your regular staging advice column designed exclusively for real estate professionals. Whether you’re grappling with how to enhance the visual appeal of your listings or seeking innovative strategies to captivate your target audience, you’ve come to the right place. Ask A Stager offers you the opportunity to pose any and all staging-related questions and receive expert advice, for free. No query is too big or small — if it’s about elevating the look of your real estate, we want to hear it and we want to help! Email your questions to ninadoiron@iso ..read more

Calgary residential sales last month rose by seven per cent (to 2,881 units) compared to last year, the Calgary Real Estate Board (CREB) reports. Although growth pace has slowed from earlier this year, sales are still  37 per cent higher than long-term trends for April. The city saw 11 per cent more new listings (3,491) than last year which helped stabilize inventory and represented a three per cent increase over long-term trends. This is still half of what April normally gets and 16 per cent less than last year. “While supply levels are still declining, much of the decline has been dri ..read more

Last month, Re/Max announced its honour to have been named the Children’s Hospital Foundation 2023 Canadian Corporate Partner of the Year. This took place at the Children’s Miracle Network Children’s Hospitals Week events. The company built new systems to enable easier management of the Miracle Home Program in the future, launched new marketing efforts, and found new, innovative ways to promote, enable and raise funds to support children’s hospitals. This included creating an incentive program for agents and brokers to join the Miracle Home Program and increase fundraising efforts. The effor ..read more

Real estate agents and brokers often struggle in different areas — from maintaining a consistent stream of prospects and clients and navigating ongoing market fluctuations to embracing technology and handling competition. Adapting to changes in the industry is important too, as is building a strong network. Whether you’re just getting started or have been in the industry for decades, these can be big challenges for anyone. Here, I’ll focus on six key problems realtors face and ways to solve each appropriately.   1. Finding new clients   Real estate agents often struggle with findin ..read more

REVEL offers new and experienced realtors a generous curriculum of hands-on real estate education through its REVEL ED, mentorship and coaching programs. REVEL understands that many of the most important lessons are learned through hands-on experience. So, who better to learn from than generous teachers on the front lines of real estate who are willing to share their acquired expertise? The REVEL ED curriculum is therefore built upon a foundation of ongoing experiential support adaptable to fluctuating market changes and updated industry legalities. REVEL believes that continued education no ..read more

The wait is nearly over! It’s almost time to explore your pathway to success at TRREB REALTOR® QUEST on Wednesday, May 15, and Thursday, May 16 at the Toronto Congress Centre. Our speaker series lineup is your opportunity to hear firsthand from innovators, changemakers and industry experts. Ready to plan your conference experience? Download our immersive event app. Or check out the full schedule here now.   Speaker series lineup   Theresa Corindia, training program leader at Teranet, is a seasoned professional in the real estate industry. Her session Are You Ready for REALM™? offer ..read more

On April 16, Canada’s federal government presented Budget 2024. Leading up to the official unveiling, we knew its contents would be heavily focused on tackling Canada’s housing crisis as several pre-budget announcements revealed billions of dollars in proposed spending to support infrastructure and housing construction — with a focus on purpose-built rental units — in addition to new mortgage amortization rules and renter protection policies. While the federal government has stepped up its efforts to tackle Canada’s housing crisis, it’s vital that all levels of government across the politica ..read more

Canada’s recreational property market hasn’t seen an influx of listings and is unlikely to at all this year, according to Re/Max Canada’s 2024 Cottage Trends Report. The country’s cottage owners (64 per cent) are holding on to their properties rather than selling, despite affordability issues and higher interest rates of late. The trend is likely influenced by the desirable quality of life and prospect of future returns that recreational property ownership offers. This year, Re/Max expects an increase in recreational prices by 6.8 per cent, with number of sales to be up in over 60 per cent o ..read more

Recently, real estate firm Royal LePage described the country’s recreational real estate market in 2023 as going through a “gold rush fever.” The demand has continued into 2024 with a strong market forecast for the rest of the year in key recreational areas across the country.   Canmore, Alta.: Lots of interest from broader pool of buyers   Brad Hawker, associate broker, Royal LePage Solutions in the mountain resort of Canmore, Alberta, says the higher end of the market has been relatively strong.  “There’s a lot of interest. It’s not typically affected by (elevated) interest ..read more