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We have assembled a collection of thought provoking articles, reports, surveys, industry information, and other interesting content for your enjoyment.

TREB Ruling and Innovation in the Real Estate Sector

by Yvonne von Jena | May 1, 2016

In a case that has been going on for years, Ottawa’s Competition Tribunal has ruled that the Toronto Real Estate Board (TREB) engaged in anti-competitive practices by restricting the way its brokers share home sales data with clients and the public. This decision is expected to unleash meaningful innovation and be a game-changer for Canada’s housing industry.

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Toronto Developer Urbancorp Is Restructuring

by Yvonne von Jena | April 25, 2016

Toronto developer Urbancorp Group has filed for bankruptcy restructuring, saying it hoped a court-ordered sale of some of its assets would help the builder cope with its mounting financial woes.

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[BCREA] BC Home Sales Post All Time Record

by Yvonne von Jena | April 18, 2016

BCREA reports records sales a record 12,560 residential unit sales were recorded by the MLS® in March, up 38% from March of last year. This is largely driven by supply imbalances, caused by strong employment growth, rising wages and a marked increase in net inter-provincial migration.

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[CMHC] Foreign Ownership of Condos in Canada

by Yvonne von Jena | April 13, 2016

CMHC’s latest Report on Foreign Ownership provides some interesting insights into foreign ownership in condominium apartments, especially across cities in Canada and building age.

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FINTRAC Steps Up Brokerage Audits

by Yvonne von Jena | April 12, 2016

The Financial Transactions and Reports Analysis Centre (FINTRAC) has stepped up brokerage audits in response to significant deficiencies in how some salespeople and brokerages in the Vancouver area are handling their obligations under Canada’s anti-money laundering law.

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[Accenture] Digital Banking Survey

by Yvonne von Jena | April 9, 2016

Accenture’s North America Consumer Digital Banking Survey for Lenders provides some interesting insights into how mortgage lending is being shaped by the customer.

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[Royal LePage] Redistribution of Workforce Further Driving Housing Market Disparities

by Yvonne von Jena | April 7, 2016

According to our sister company, Royal LePage, Canada’s housing market continued to make advances from coast to coast in the second quarter of 2016. Their latest House Price Survey, which is powered by Brookfield RPS, showed that the pace of growth varied greatly by region, with activity levels and price increases in the Western provinces far outpacing that in the rest of the country.

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Property Assessments Up in Ontario

by Yvonne von Jena | April 6, 2016

Municipal Property Assessment Corporation (MPAC) has begun mailing Property Assessment Notices to residential homeowners in Ontario. On average, assessed values of residential properties across the province have increased by 4.5% each year since 2012.

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[Trulia] 21 Ways to Prepare a Home to Sell

by Yvonne von Jena | April 5, 2016

In 21 Ways to Prepare a Home for Selling, Trulia describes the minor but important touch-ups that can go a long way towards helping the home sell for more money and/or faster. Top recommendations include getting rid of clutter, hiding family photos, cleaning out closets, removing excess or over-sized furniture and cleaning thoroughly. If tight on time or budget, focus on boosting curb appeal and making sure that the home’s exterior looks really good.

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Behind the Alberta and National Unemployment Numbers

by Yvonne von Jena | March 28, 2016

Alberta's unemployment rate surpassed the national rate for the first time in almost 30 years, at 7.9% versus a national rate of 7.4%. Looking deeper into the Alberta and national numbers provides some insights into where the risk is growing, and where it is falling.

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