News
Published brokerage updates and market posts.
Edmonton-founded Initia Real Estate is moving its 1,000-agent organization to eXp Realty Canada while keeping its brand, local leadership, and culture.

CBC reports that four Canadians from B.C. and Yukon are isolating in Victoria after leaving a cruise ship linked to a rare hantavirus outbreak.

Real Estate Magazine argues that zoning reform, CMHC financing and market demand are making multiplexes a more accessible path for investors, builders and owner-occupiers.

A Cotality survey found that buyers expect AI in real estate, but trust is falling and disclosure is becoming a client-service issue.

CBC reports that young adults are less likely to own homes than boomers were at the same age, while married millennials with children still show similar ownership rates.

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.
