Ottawa Bucks Trend Of Slow Home Sales With 72% Spike In Townhomes
04 Feb

Ottawa Bucks Trend Of Slow Home Sales With 72% Spike In Townhomes

Real Estate
STOREYS With rates on the decline since June and markets rising from their slumbers towards the end of last year, the Ottawa CMA is emerging as one of the stand-out locales for home sales, specifically with respect to smaller (and more affordable) townhome units. Real estate analytics firm Zonda Urban reported on Tuesday that multi-family unit sales in Canada' capital grew by 75% between 2023 and 2024, to 2,079 sales — an increase overwhelmingly driven by new townhome sales. Of the 2,079 multi-family units sold, 1,997 of them were new townhomes, representing a 72% year-over-year increase for that home type.…
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Sellers Off To Active Start In 2025 In Vancouver Resale Market
04 Feb

Sellers Off To Active Start In 2025 In Vancouver Resale Market

Editor's Picks, Top News
STOREYS As the Bank of Canada continued to cut its policy interest rate in the final months of 2024, market sentiment was improving and activity was accordingly building momentum. That carried over into January, according to statistics published by Greater Vancouver Realtors (GVR) on Tuesday. In January, a total of 1,552 sales were recorded, which represents an 8.8% increase from the 1,427 sales recorded in January 2024, although last month's total remains 11.3% below the 10-year January average of 1,749. On the other side of the equation, 5,566 new listings came online, which represents a staggering 46.9% increase from the…
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Jay Leno’s surprise auction helps raise over $150k for charity at AREA event
04 Feb

Jay Leno’s surprise auction helps raise over $150k for charity at AREA event

Real Estate
REM Jay Leno (centre) with winning bidders at the Fairmont Banff Springs on Jan. 25, 2025 (Alberta Real Estate Association)   Jay Leno knows how to work a crowd, but this time, it wasn’t just with punchlines. The retired Tonight Show host had a room full of Realtors laughing one minute and reaching for their wallets the next, pulling off a surprise auction no one was expecting. By the time the impromptu bidding war was over, Leno had helped raise more than $150,000 for the Children’s Hospital Aid Society (CHAS), a Calgary-based non-profit supporting children’s charities—far exceeding the original fundraising…
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How Realtors can leverage media coverage to build their brand
04 Feb

How Realtors can leverage media coverage to build their brand

Real Estate
REM Desmond Brown can see both sides of a story. The sales representative at Re/Max Hallmark Realty Ltd. in Toronto has worked as both a journalist and a Realtor, so he knows how to ask and answer real estate questions. The handy combination of careers has allowed him to set himself up as an expert that reporters call for quotes about anything real estate. The most important thing is to say “yes” when journalists call, he says. “When I was a reporter, I couldn’t believe it when I’d call up an agent and they would say they didn’t want to…
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