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  1. Montreal closes out 2018 with a new record high

    December best month for sales ever Steve RandallREP December was a busier-than-usual month for real estate agents in the Greater Montreal CMA, concluding 2,825 sales. Greater Montreal Real Estate Board data from the Centris database shows that it was the best December on record for sales and a 3% increase on the same month of […]

  2. Disruption from adopting new tech is inevitable, but it can be managed

    Capable management key to adopting new technology Ephraim VecinaREP Adopting a new technology into the operations of a brokerage often comes with the promise of greater efficiency, but introducing such a disruptive factor into an established workflow will almost certainly lead to friction. A crucial component of ensuring the smooth transition is capable management. “When […]

  3. Bank of Canada announces interest rate decision

    BoC left interest rate unchanged REP The Bank of Canada left its trend-setting interest rate unchanged at 1.75% on Wednesday as the sharp decline in oil prices temporarily dims its economic outlook for the coming months. Before long, however, the central bank expects the economy to expand with renewed vigour. More rate hikes, it stressed, […]

  4. Canadians view murkier fiscal, economic prospects in 2019

    In 2019 60% feeling good about economy Ephraim VecinaREP Fiscal anxiety is the running theme among a significant proportion of Canadians going into 2019, with less than 60% feeling good about the national economy this year, according to the results of a year-end survey conducted for Global News by Ipsos. This ratio was considerably lower […]

  5. Fraser Valley home sales hit 5-year-low last year

    Fraser Valley Real Estate Board?s MLS saw 15,586 sales in 2018 Steve RandallCanadian Real Estate Wealth Home sales in the Fraser Valley have been above 20,000 for 3 consecutive years but that run was broken in 2018. Fraser Valley Real Estate Board’s MLS saw 15,586 sales in 2018, down more than 30% from the previous […]

  6. Radon: what you need to know

    Radon the invisible killer Canadian Real Estate Wealth Any property can have a radon problem – old or new, well sealed or drafty, with or without a basement. Health Canada estimates that one out of every 14 homes in Canada has an elevated level of the gas. Prolonged exposure to unsafe levels of radon can […]

  7. FINTRAC Publishes its First Assessment on Terrorist Activity Financing

    FINTRAC today published its Terrorist Financing Assessment: 2018 other The assessment is the first of its kind in Canada and part of FINTRAC’s broader commitment to helping businesses comply with their obligations under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act. The assessment’s financial and geographic indicators, in particular, will assist businesses in […]

  8. Vancouver home sales fall to lowest yearly total in 18 years, detached home prices drop

    Vancouver home sales fall to lowest in 18 years Tiffany Crawford The Province In 2018, Metro Vancouver home sales were the lowest in 18 years, according to the Real Estate Board of Greater Vancouver. The board’s report, released Thursday, says there were 24,619 sales of detached, attached and apartment properties on the Multiple Listing Service, a […]

  9. Metro condo market at odds with gains in property assessment

    Cooling Metro Vancouver condo market at odds with gains in property assessment Derrick PennerThe Province Condominium owners in Metro Vancouver are opening up 2019 property-assessment notices showing increases in value from a year ago. But much has changed in property markets since B.C. Assessment set those values on July 1. Across most of Metro Vancouver, […]

  10. Fraser Valley can expect “modest” tax assessment change

    The 2019 assessment notices from BC Assessment are based on July 2018 values Steve RandallCanadian Real Estate Wealth The property assessments of more than 494,000 properties in the Fraser Valley are in the mail. The 2019 assessment notices from BC Assessment are based on July 2018 values and for most they will have changed from […]