Want to buy a home in Canada? You’ll likely have to be Canadian

As of Jan. 1, homes in Canada can only be purchased by the nation’s citizens and a few other groups after a new law went into effect. The step’s a campaign promise of Prime Minister Justin Trudeau. Continue reading

‘This is the shift everybody has been predicting’: Agents at Connect Now

Matt Lionetti and Jason Cassity said during Inman Connect Now that on Thursday that the market shift has been fast and furious, and agents must start stepping up their games to survive. Continue reading

37% of real estate agents couldn’t pay rent in October

Rent delinquencies surged in October compared to one month prior as the housing market continues to struggle with high mortgage rates, according to a new survey. Continue reading

Oh Canada: Luxury market poised for continued normalization

“In the next half of the year, buyers are in a rare position to negotiate prices and deal terms,” a new Canadian luxury market report from Engel & Völkers stated. “Some homes will still command multiple offers, but they will be fewer in number.” Continue reading

From ballet to real estate: ‘Workin’ Moms’ star joins Engel & Völkers

Actor and Realtor Jessalyn Wanlim stars on the Netflix show “Workin’ Moms,” but she’s also been a practicing real estate agent in-between acting gigs since 2016. Continue reading

The Agency acquires Triplemint, raises $35M

The deal and funding come amid rapid expansion for Los Angeles-based The Agency. And the firm plans to use the new money to grow even more. Continue reading

The average Canadian home now costs double what it does in the US

Between 2020 and 2022 Canadian home prices have surged 30 percent — an increase described as “nothing short of stunning” by economist Robert Hogue in a report for the Royal Bank of Canada. Continue reading

Vacation rental giant Vacasa makes its stock market debut

The vacation rental management firm is the latest to go public via a merger with a special purpose acquisition company. Continue reading

Opendoor plans to hire nearly 100 tech engineers in Canada

The new team members will be based in Toronto and will work on financial platforms and technology infrastructure. Continue reading