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Yukon Real Estate Association in Consent Agreement with the Competition Bureau

Yukon Real Estate Association in Consent Agreement with the Competition Bureau

by Phil Hall | Apr 26, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Competition Bureau, an independent law enforcement agency focused on protecting and promoting business competition in Canada, has announced a consent agreement with the Yukon Real Estate Association (YREA) to address concerns with its membership practices. The...
Madison Group to Build Master-Planned Community in Midtown Toronto

Madison Group to Build Master-Planned Community in Midtown Toronto

by Phil Hall | Apr 24, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Madison Group, the Toronto-headquartered real estate development company, announced its latest project will be a master-planned community in Toronto’s Midtown. The new project will encompass two individual properties, with two towers at 90-110 Eglinton Ave. East and...
Survey: Half of Canadians Say Inflation Erodes Their Ability to Buy a Home

Survey: Half of Canadians Say Inflation Erodes Their Ability to Buy a Home

by Phil Hall | Apr 23, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

While 60% of Canadians believe homeownership is a good investment, half of Canadians complained that inflation is eroding their ability to save for a home, according to the 30th annual Homeownership Poll conducted by RBC (NYSE:RY). In an online survey of 2,824...
Portfolio+ Launches Reverse Mortgage Product

Portfolio+ Launches Reverse Mortgage Product

by Phil Hall | Apr 18, 2024 | International Real Estate News, Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Portfolio+ Inc., a Toronto-based provider of financial services systems and technologies for the Canadian market, has added a reverse mortgage product to its offerings. According to the company, the new reverse mortgage solution will enable financial institutions to...
Canadian Home Sales Inched Up in March

Canadian Home Sales Inched Up in March

by Phil Hall | Apr 12, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Home sales across Canada were up by 0.5% from February to March, according to data from the Canadian Real Estate Association, while actual (not seasonally adjusted) monthly activity was up by 1.7% from one year. The number of newly listed properties declined 1.6%...
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