Canadian Real Estate Association

Testimonial Tree and the Canadian Real Estate Association (CREA) Announce Partnership To Enhance REALTOR® Profiles on REALTOR.ca

Retrieved on: 
Monday, October 2, 2023
Canadian Real Estate Association, CREA, Partnership, Video game, Bottled water

ESTERO, Fla., Oct. 2, 2023 /PRNewswire-PRWeb/ -- Testimonial Tree and The Canadian Real Estate Association (CREA) have announced a partnership to enhance REALTOR® profiles with testimonials and consumer reviews on Canada's No.

Key Points: 
  • ESTERO, Fla., Oct. 2, 2023 /PRNewswire-PRWeb/ -- Testimonial Tree and The Canadian Real Estate Association (CREA) have announced a partnership to enhance REALTOR® profiles with testimonials and consumer reviews on Canada's No.
  • 1 real estate website REALTOR.ca.
  • "...With the success of Testimonial Tree and Realtor.com in the U.S. we're excited to expand content syndication with REALTOR.ca to support franchise partners, independent brokers, teams and REALTORS® in Canada," said Brian Schoedel, Vice President of Sales and Partnerships at Testimonial Tree.
  • REALTORS® in Canada can now display Testimonial Tree testimonials and reviews on their REALTOR.ca profile.

RESO to Anchor Global Real Estate Standards Forum in Paris

Retrieved on: 
Thursday, September 28, 2023
Stellar, MLS, Multiple listing service, International, Policy, CEPI, RESO, Organization, CREA, European, Canadian Real Estate Association, Chocolate liquor, Electrical Engineering Students' European Association, National Association, Real estate, Medical device

RALEIGH, N.C., Sept. 28, 2023 (GLOBE NEWSWIRE) -- Industry leaders who shape practice and policy in more than 32 countries will be in attendance at the International MLS Forum: Global Real Estate Standards at Pullman Montparnasse in Paris, France, December 1–2, 2023 - mlsforum.org .

Key Points: 
  • RALEIGH, N.C., Sept. 28, 2023 (GLOBE NEWSWIRE) -- Industry leaders who shape practice and policy in more than 32 countries will be in attendance at the International MLS Forum: Global Real Estate Standards at Pullman Montparnasse in Paris, France, December 1–2, 2023 - mlsforum.org .
  • Event partners include CEPI, the European Association of Real Estate Professions; local and national real estate associations from across Europe; the Canadian Real Estate Association (CREA); National Association of REALTORS® Global Ambassadors from the European Union and West Asia; and international government officials focused on real estate issues.
  • The featured speakers for the event will be Real Estate Standards Organization (RESO) CEO Sam DeBord, CEPI Director General Guy Valkenborg and President Jan Boruvka, and CREA Vice President and RESO Director, Patrick Pichette.
  • Topics of discussion at the event will include:
    This groundbreaking event is designed for leaders in real estate associations, brokerages, MLSs, and policymaking bodies driving innovation in the international real estate industry.

TRREB: GTA Real Estate Market More Balanced in July

Retrieved on: 
Thursday, August 3, 2023
Benchmark, Population growth, Housing, GTA, Public policy, Government, CREA, Bank, Economic development, Canadian Real Estate Association, Toronto Regional Real Estate Board, Growth, Federation, HPI, Real estate

On a seasonally adjusted basis, the market experienced more balance in July compared to June, with sales trending lower while new listings were up.

Key Points: 
  • On a seasonally adjusted basis, the market experienced more balance in July compared to June, with sales trending lower while new listings were up.
  • Compounding the impact of higher rates has been the persistent lack of listings for people to purchase compared to previous years,” said Toronto Regional Real Estate Board (TRREB) President Paul Baron.
  • GTA REALTORS® reported 5,250 sales through TRREB’s MLS® System in July 2023, representing a 7.8 per cent increase compared to July 2022.
  • The Toronto Regional Real Estate Board is Canada’s largest real estate board with over 73,000 residential and commercial professionals connecting people, property and communities.

RioCan Real Estate Investment Trust and BlackNorth Initiative to Offer New Post-Secondary Bursary for Black Students

Retrieved on: 
Monday, July 31, 2023
Professional Services, Philanthropy, Socially Responsible Investing, Residential Building & Real Estate, Commercial Building & Real Estate, University, Construction & Property, DEI (Diversity, Equity and Inclusion), Fund Raising, Education, REIT, Other Philanthropy, Toronto Metropolitan University, RioCan Real Estate Investment Trust, Workplace, Student, Real estate investing, TSX, DEI, Canadian Real Estate Association, Real estate, Property management, Management, Nursing, Black

RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) and BlackNorth Initiative have partnered to offer a Canadian Real Estate & Trades Bursary for Black high school students.

Key Points: 
  • RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) and BlackNorth Initiative have partnered to offer a Canadian Real Estate & Trades Bursary for Black high school students.
  • By investing in the Black leaders of tomorrow, RioCan continues to work towards its commitment to the BlackNorth Initiative CEO Pledge.
  • The bursary, amounting to $21,200, will provide financial support for students entering post-secondary programs within the commercial real estate field at accredited schools.
  • Our commitment to the BlackNorth Initiative is unwavering, and we are proud to support the next generation of Black real estate professionals as they begin their careers.”
    The bursary goes beyond a financial investment.

Lack of Listings Led to Tighter GTA Market Conditions in June

Retrieved on: 
Thursday, July 6, 2023
Benchmark, Housing, GTA, Government, CREA, Composite, DiMichele, Canadian Real Estate Association, Toronto Regional Real Estate Board, Greater Toronto Area, HPI, Bank, Cryptocurrency, Real estate

With this said, home sales were hampered last month by uncertainty surrounding the Bank of Canada’s outlook on inflation and interest rates.

Key Points: 
  • With this said, home sales were hampered last month by uncertainty surrounding the Bank of Canada’s outlook on inflation and interest rates.
  • Furthermore, a persistent lack of inventory likely sidelined some willing buyers because they couldn't find a home meeting their needs.
  • GTA REALTORS® reported 7,481 sales through TRREB’s MLS® System in June 2023 – up 16.5 per cent compared to June 2022.
  • The year-over-year increase in sales coupled with the decrease in new listings mean market conditions were tighter this past June relative to the same period last year.

TRREB: Tight Market Conditions Push Up Competition in the GTA

Retrieved on: 
Wednesday, April 5, 2023
Pressure, Policy, GTA, Sale, CREA, Canadian Real Estate Association, Toronto Regional Real Estate Board, Heat, HPI, Cryptocurrency, Property management

TORONTO, April 05, 2023 (GLOBE NEWSWIRE) -- Greater Toronto Area (GTA) housing market conditions tightened in March 2023.

Key Points: 
  • TORONTO, April 05, 2023 (GLOBE NEWSWIRE) -- Greater Toronto Area (GTA) housing market conditions tightened in March 2023.
  • Sales accounted for an increased share of listings in comparison to March 2022, suggesting that competition between buyers is on the rise.
  • “As we moved through the first quarter, Toronto Regional Real Estate Board (TRREB) Members were increasingly reporting that competition between buyers was heating up in many GTA neighbourhoods.
  • Lower borrowing costs will help from an affordability perspective, especially as tighter market conditions exert upward pressure on selling prices in the second half of 2023,” said TRREB Chief Market Analyst Jason Mercer.

6-in-10 Canadians relocated as a result of the pandemic and now plan to drive further daily

Retrieved on: 
Tuesday, June 28, 2022
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It's just one example of how Aviva's second How We Live Reportshows that Canadians' perspectives continue to shift as we adjust to post-pandemic life."

Key Points: 
  • It's just one example of how Aviva's second How We Live Reportshows that Canadians' perspectives continue to shift as we adjust to post-pandemic life."
  • Top categories and findings from the report include:
    60% of Canadians have relocated as a result of the pandemic, with those working from home (26%) flocking to the suburbs or small towns.
  • The dream of homeownership is still alive for Canadians: 32% are currently living in their first home (compared to 22% in 2020).
  • When thinking about the possessions they bought during the pandemic, 18% of Canadians say they made impulse purchases.

Jack Miller named CEO of leading residential real estate management consulting firm T3 Sixty

Retrieved on: 
Tuesday, February 22, 2022
T3, CoreLogic, Publishing, Amazon, Publication, Research, Realtors Association of Hamilton-Burlington, Miller, USS Karibou (SP-200), Growth, Silver, Gold, Weichert, Realtors, DocuSign, CEO, European Public Real Estate Association, AXIOM, Realty One Group, Compass, Zillow, Canadian Real Estate Association, Sotheby's International Realty, Technology, Keller Williams Realty, Stefan Swanepoel, Century, Software, Ownership, REALTOR, MLS, Coldwell Banker, Industry, Real estate, Office of the President of the Philippines, Almanac, Activated sludge, Association, Equifax, Book, Management, Swanepoel, Facebook

LADERA RANCH, Calif., Feb. 22, 2022 /PRNewswire-PRWeb/ --T3 Sixty, a real estate management consulting and analytics firm, has named company president Jack Miller as CEO, effective May 3, 2022.

Key Points: 
  • LADERA RANCH, Calif., Feb. 22, 2022 /PRNewswire-PRWeb/ --T3 Sixty, a real estate management consulting and analytics firm, has named company president Jack Miller as CEO, effective May 3, 2022.
  • Miller, whom Swanepoel considers a protg, has two decades of real estate industry experience and has held management and executive roles in real estate franchising, franchise ownership, brokerages and management consulting organizations.
  • Subsequent transformative studies such as: Real Estate Confronts Technology (1999), Real Estate Confronts e-Consumer (2000), Real Estate Confronts Profitability (2002) and Real Estate Confronts the Future (2004) accurately identified and outlined trends a decade before they materialized.
  • T3 Sixty is the leading management consultancy in the residential real estate industry with business units in brokerage, technology, mergers and acquisitions, and organized real estate.

New Report Suggests Banning Blind Bidding Will Increase Home Prices

Retrieved on: 
Wednesday, October 27, 2021
Method, Psychology, Research, Housing, University, Appraiser, Home, Policy, Government, Climate, Federation, Criminal code, Liberal Party of Canada candidates in the 2006 Canadian federal election, Rights, University of Ottawa, CREA, Privacy, Canadian Real Estate Association, Solution, Institute, Liberal, GLOBE, Liberal Party, Auction, Real estate

While federal policies are vital to meet this goal, banning blind bidding is unlikely to have much of a positive effect, stated Dr. Mike Moffatt, author of the report.

Key Points: 
  • While federal policies are vital to meet this goal, banning blind bidding is unlikely to have much of a positive effect, stated Dr. Mike Moffatt, author of the report.
  • The full report, Banning Blind Bidding: Would it Slow the Growth in Canadian Real Estate Prices, is available online .
  • During the election campaign, the Liberal Party ran on a promise to include a Home Buyers Bill of Rights that would ban blind bidding, arguing that blind bidding drives up home prices.
  • While the arguments that blind bidding processes cause higher prices are plausible, the evidence, while limited, suggests that increased bid transparency leads to higher, rather than lower, prices in a hot real estate market.

Bridgemarq Real Estate Services Reports Third Quarter Results and Monthly Dividend

Retrieved on: 
Wednesday, November 6, 2019
Real estate in Canada, Economy, Real estate, National Association of Realtors, Canadian Real Estate Association, Real estate broker, CREA, Multiple listing service

TORONTO, Nov. 6, 2019 /CNW/ - Bridgemarq Real Estate Services Inc. ("Bridgemarq" or the "Company") (TSX: BRE) announced todayits third quarter consolidated financial results and the approval of a monthly dividend to holders of the Company's restricted voting shares.

Key Points: 
  • TORONTO, Nov. 6, 2019 /CNW/ - Bridgemarq Real Estate Services Inc. ("Bridgemarq" or the "Company") (TSX: BRE) announced todayits third quarter consolidated financial results and the approval of a monthly dividend to holders of the Company's restricted voting shares.
  • Bridgemarq Real Estate Services Inc. will host a conference call on Wednesday, November 6, 2019 at 10 a.m.
  • Bridgemarq is a leading provider of services to residential real estate brokers and a network of over 19,000 REALTORS1.
  • 1 The trademarks REALTOR, REALTORS and the REALTOR logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.