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Published brokerage updates and market posts.

News

Luxmore News

Published brokerage updates and market posts.

Real Brokerage acquires Re/Max in US$880M deal — Vancouver agents say business as usual

Miami-based Real Brokerage is acquiring Denver-based Re/Max in a deal valued at US$880 million, forming Real ReMax Group. Vancouver-area Re/Max agents say day-to-day operations continue unchanged, but expect greater adoption of AI and technology tools.

Apr 30, 2026, 9:00 a.m.
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Carney pushes back on BC Aboriginal title ruling as Conservatives launch property rights task force

Prime Minister Carney says he 'fundamentally disagrees' with the BC Supreme Court decision granting Cowichan Tribes Aboriginal title over 300+ hectares in Richmond. Conservatives formed a task force and are pushing to reverse a 2018 litigation directive that abandoned the extinguishment argument.

Apr 30, 2026, 8:00 a.m.
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Metro Vancouver's Luxury Detached Market Shows a Decade of Stagnation

Vancouver Sun columnist Douglas Todd reports that Metro Vancouver luxury detached prices have fallen or stagnated in the west side and West Vancouver, while several outer suburbs have posted large decade-long gains.

Apr 30, 2026, 6:00 a.m.
Detached homes in West Vancouver

Metro Vancouver April outlook: buyers are waiting, but the market is not frozen

What defines the Metro Vancouver market in April? The market is still moving, but buyers and sellers are both cautious. Sales are below normal, inventory remains elevated, and pric

Apr 29, 2026, 2:31 p.m.
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CBC: Higher oil prices could give Ottawa a windfall in the next budget

Why does a higher oil price matter for the federal budget right now? Because the spring economic update was built on a lower oil-price assumption than the market is currently tradi

Apr 29, 2026, 1:41 p.m.
Finance Minister François-Philippe Champagne after delivering the spring economic update in Ottawa.

Ottawa to spend up to $145M on World Cup security in Toronto and Vancouver

Canada is adding $145 million for security at 13 World Cup matches this June and July, on top of $320 million already committed to hosting the tournament.

Apr 29, 2026, 10:21 a.m.
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Bank of Canada holds rate at 2.25%, signals small moves ahead

The Bank of Canada kept its benchmark rate steady as expected, but warned that prolonged high oil prices from the Iran war could force rate hikes later this year.

Apr 29, 2026, 6:50 a.m.
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BC strata council members must declare conflict of interest — or risk invalidating contracts

A BC strata discovered a council member secretly worked for the engineering firm hired to supervise a $1.3M repair project. Tony Gioventu of CHOA explains what the Strata Property Act requires — and what happens when disclosure is skipped.

Apr 29, 2026, 3:00 a.m.
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Higher oil prices set to give Ottawa a multi-billion-dollar windfall

The spring economic update used $73/barrel oil as its baseline. The real price is around $100. That gap means billions in extra revenue waiting for the fall budget.

Apr 29, 2026, 1:00 a.m.
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Canada Interest Rates Outlook: BoC Holds Steady as Inflation Risks Shift

Recent market commentary points to a Bank of Canada hold near term, with the policy rate at 2.25% and traders watching oil-driven inflation and the April 29 announcement for any shift in tone.

Apr 28, 2026, 4:40 p.m.
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Real to Acquire RE/MAX: What the Deal Means for Global Real Estate

Real and RE/MAX announced a definitive agreement to combine into a technology-enabled global real estate platform, with an implied enterprise value of about $880 million.

Apr 28, 2026, 4:24 p.m.
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Greater Vancouver Market Pulse: February 2026 Rebound With Rising Supply

February 2026 combined a sales rebound with enough inventory growth to keep Greater Vancouver buyers selective.

Apr 28, 2026, 11:35 a.m.
REW February 2026 Greater Vancouver market insights hero image
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