News
Published brokerage updates and market posts.
The World Health Organization has reported a hantavirus outbreak on a cruise ship, emphasizing that the risk to the general public remains low despite several cases among passengers. Medical teams are monitoring the situation as the ship approaches Spain's Canary Islands.
Many real estate agents are spending their marketing budgets without tracking their effectiveness, leading to wasted resources. David Greenspan discusses the importance of strategic marketing in the real estate industry.

In a challenging real estate market, agents Stephanie Cluett-Eid and Trish Mackenzie are increasing their services by renovating and staging properties, contrary to the trend of cutting back. Their approach highlights the importance of enhanced marketing strategies to attract buyers.

Real Brokerage's recent acquisition of Remax Holdings for $880 million raises critical questions about the sustainability of traditional brokerage models in the evolving real estate landscape. This move highlights a shift towards ownership and equity among agents.

Greater Vancouver Realtors data reported by Real Estate Magazine show April sales below long-term norms, with detached homes gaining while apartments and attached homes softened.

RBC Economics says Vancouver resales stayed weak in April, new listings rose, and the MLS HPI fell 6.9 percent year over year.
A Desjardins affordability comparison argues that Vancouver may need to plan for more long-term renters and more family-sized rental supply.

New Rentals.ca and Urbanation data show Vancouver asking rents are down year over year, even though Metro Vancouver remains one of Canada’s most expensive rental regions.

Real Brokerage’s planned US$880 million acquisition of RE/MAX has renewed debate over agent equity, revenue share, tech platforms and the future of traditional brokerage brands.

As the tour boat season approaches in Newfoundland and Labrador, Skipper Bob Bartlett is optimistic about a fruitful season for whale watching and iceberg sightings. With favorable wind and tide conditions, he expects a good turnout for tourists.
A Surrey man became a multi-millionaire after winning the Lotto 6/49 Classic $5 million jackpot. His win raises questions about the potential impact on local real estate.

After reaching around $2.30 per litre, gas prices in Metro Vancouver are expected to drop by 7 cents overnight, according to analysts. This change is influenced by recent global events affecting oil supply.
