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  1. How all leaders can contribute to the employee experience

    Jen Jackson Mortgage Broker News Increasingly, culture and engagement, along with other lagging indicators, are being seen not as unique challenges owned by a specific function, but as outcomes driven by antecedents and behaviours — measures of the state of the employee experience. Just as the value of a great customer or user experience is […]

  2. Toronto detached housing veering towards crisis of availability

    December 2019 was the seventh straight month of price growth in the red-hot market Ephraim VecinaMortgage Broker News Single detached housing is becoming an increasingly rare resource in high-demand Toronto, according to the market’s real estate association. Data from the Toronto Real Estate Board indicated that in December, the market saw 1,984 sales of detached […]

  3. Canadian reverse mortgage debt reaches nearly $4 billion

    A significant driver of reverse mortgages appears to be weaker-than-expected purchasing power Ephraim VecinaMortgage Broker News Despite a decelerating pace of borrowing, Canadian seniors still pushed the nation’s reverse mortgage debt balance towards yet another record-breaking high of $3.98 billion in November, according to figures from the Office of the Superintendent of Financial Institutions. This […]

  4. PropTech has reached critical mass, according to new report

    Data usability challenges continue to hinder productivity Kimberly GreeneMortgage Broker News PropTech adoption has hit a critical mass threshold, according to the 2020 Altus Group CRE Innovation Report. For the first time in the five years since Altus Group began conducting this annual research, a majority of commercial real estate (CRE) leaders fully recognize the […]

  5. Planning to buy a snowbird retreat in Florida?

    Florida’s housing market is constrained by tight inventory Steve RandallREP Florida’s housing market is constrained by tight inventory which is not likely to improve significantly due to several challenges cited in a new report from Florida Realtors. Chief Economist Dr. Brad O’Connor sees robust growth for the market with strong immigration and low unemployment in […]

  6. BC considering allowing extra homes on agricultural land

    Farmers may be allowed additional options for residences Steve RandallREP Farmers may be allowed additional options for residences on their land under new proposals being considered in British Columbia. The provincial government is weighing the potential for people living in the Agricultural Land Reserve (ALR) to enable landowners to have both a principal residence and […]

  7. Wowa expands AI-powered real estate marketplace to BC

    A real estate marketplace for agents Steve RandallREP A real estate marketplace for agents which has seen success in Ontario is planning nationwide expansion. Wowa is an AI-powered solution that helps home buyers and sellers search for real estate agents with a combination of experience, services, personalities, and pricing that is best-suited to their individual […]

  8. TREB is now TRREB as real estate board gets a makeover

    Toronto Regional Real Estate Board replaces TREB Steve RandallREP A major name in Canadian real estate has a new name and look after a brand refresh. Toronto Real Estate Board has become Toronto Regional Real Estate Board this week, with a new logo and colour scheme along with its new name. “The icon in the […]

  9. Vancouver amongst world’s most expensive markets

    Vancouver’s housing market maintained its position as the second most expensive in the world Gerv TacadenaCanadian Real Estate Wealth Vancouver’s housing market maintained its position as the second most expensive in the world, according to the latest edition of the Annual Demographia International Housing Affordability Survey. Vancouver came in second to Hong Kong, which retained […]

  10. BCREA report forecasts increased sales, prices for 2020

    Moderate growth for the provincial housing market in 2020 Clayton JarvisCanadian Real Estate Wealth In its first quarter forecast, the British Columbia Real Estate Association projects moderate growth for the provincial housing market in 2020. Led by returns to average levels of activity for Greater Vancouver and the Fraser Valley, sales in BC are expected […]