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Canadian Housing Starts Up 2% During 2024

Canadian Housing Starts Up 2% During 2024

by Phil Hall | Jan 16, 2025 | International Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Canada recorded 245,120 housing starts in 2024, up 2% year-over-year, according to data from the Canada Mortgage and Housing Corporation (CMHC). The vast majority of housing starts (245,120) were in markets with populations of 10,000 and greater, while an estimated...
Survey: Ontario Residents Remain Pessimistic About Becoming Homeowners

Survey: Ontario Residents Remain Pessimistic About Becoming Homeowners

by Phil Hall | Jan 16, 2025 | International Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

A new survey published by the Ontario Real Estate Association (OREA) has determined that while most residents in the province desire to become homeowners, they believe that too-high costs coupled with expensive municipal development charges are making that goal...
Two British Columbia Realtors Fined Over Self-Identification in Social Media Accounts

Two British Columbia Realtors Fined Over Self-Identification in Social Media Accounts

by Phil Hall | Jan 13, 2025 | International Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Two British Columbia realtors have been fined by the provincial regulator due to problems in how they identified themselves on their social media accounts. InfoNews.ca reports the BC Financial Services Authority (BCFCA) decisions fined realtors Xin Bo (Angela) Guo...
Survey: Three-Quarters of Canadians Say They Were Not Likely to Buy a Home This Year

Survey: Three-Quarters of Canadians Say They Were Not Likely to Buy a Home This Year

by Phil Hall | Jan 8, 2025 | International Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Roughly three-quarters (76%) of Canadians stating they were unlikely to purchase a new home in the coming year – up from 72% in the fourth quarter of 2023. According to Q4 2024 Consumer Pulse survey from TransUnion (NYSE: TRU) that polled 1,000 adults, 59% of...
Justin Trudeau Resigns as Canada’s Prime Minister

Justin Trudeau Resigns as Canada’s Prime Minister

by Phil Hall | Jan 6, 2025 | International Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Justin Trudeau has announced his resignation as Canada’s 23rd prime minister. Trudeau, who is also the leader of the Liberal Party, has served as prime minister since November 2015; his father, Pierre Trudeau, 15th prime minister of Canada from 1968 to 1979 and from...
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