Episode 2:Chris Chopik – Real Estate and the Environment

In celebration of Earth Day we’ll speak with REALTOR® Chris Chopik, a passionate environmental advocate about how climate-risk directly impacts the industry, the role REALTORS® can play protecting the environment, and what REALTORS® need to know about selling greener homes.

Episode 2: Chris Chopik – Real Estate and the Environment

Erin Davis: Hello, and welcome to REAL TIME, a podcast for REALTORS® and everybody who’s interested in the latest real estate news trends and insights, so you. We’ve got some fascinating people and great information you can put to use in your life. No matter what line of work you call your passion. I’m Erin Davis, very happy to be your REAL TIME host and my life’s work has been waking up radio audiences in Canada’s biggest market. With this […]

Episode 1: Terry O’Reilly

Buying or selling a home isn’t just a financial decision. It’s an emotional one. In our inaugural episode of REAL TIME, we chat with award-winning marketer and radio icon Terry O’Reilly about the changing landscape of real estate—and how brand storytelling, innovation, and emotional connections can boost your business as a REALTOR®.

Episode 1:Terry O’Reilly – REALTORS® and the Importance of Emotional Connections

This podcast is about brand storytelling. We’ll explore the crucial connection between REALTORS® and the emotional aspects of home buying and how to use those key elements to add value to your client relationships and the sales process.

Episode 1: Terry O’Reilly – REALTORS® and the Importance of Emotional Connections

Erin Davis: Hello and welcome to REAL TIME, a podcast for REALTORS® and anyone else interested in the latest real estate news, trends, and insights. So many facets and we’ve got some fascinating people and great information you can put to use in your life. No matter what line of work you call your passion. I’m Erin Davis, my passion has been radio, writing, and podcasting. Through the decades of waking up audiences in Toronto, my motto was this: Early […]

Bank of Canada announces emergency interest rate cut

In an emergency announcement on March 13th, 2020 the Bank of Canada announced a 0.5% reduction in its trend-setting overnight lending rate from 1.25% to 0.75%. This was a further reduction from the 0.5% cut announced just 9 days earlier at the regularly scheduled interest rate announcement. The announcement was part of coordinated action by the Department of Finance, the Bank of Canada and the Office of the Superintendent of Financial Institutions, intended to maintain the flow of funding to […]

Canadian home sales up in February

As providers of the most accurate and timely housing data and statistics, CREA cannot credibly update its quarterly forecast at this time. Ottawa, ON, March 16, 2020 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up between January and February 2020. Highlights: National home sales climbed 5.9% on a month-over-month (m-o-m) basis in February. Actual (not seasonally adjusted) activity was up 26.9% year-over-year (y-o-y). The number of newly listed properties jumped 7.3% […]

Bank of Canada cuts interest rates in response to rising global economic risks

In line with financial market expectations, the Bank of Canada announced, on March 4, it was lowering its trend-setting overnight lending rate by 50 basis points from 1.75% to 1.25%. This was the first change in the overnight lending rate since October 2018. This follows a day after the U.S. Federal Reserve cut the Federal Funds rate by 50 basis points in an emergency session—part of a coordinated effort by global monetary and fiscal authorities to provide support to the […]

Changes to the mortgage stress test

Ottawa, ON, February 18, 2020 – Earlier today, Minister of Finance Bill Morneau announced changes to the mortgage stress test. The new benchmark rate used to determine the minimum qualifying rate for insured mortgages, coming into effect on April 6, 2020, will be the weekly median 5-year fixed insured mortgage rate from mortgage insurance applications, plus 2 per cent. Recently, the gap between the Bank of Canada’s five-year benchmark rate and borrowers’ actual contract rates has been widening, suggesting the […]

Canadian home sales down in January

Ottawa, ON, February 14, 2020 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales declined between December 2019 and January 2020. Highlights: National home sales fell by 2.9% on a month-over-month (m-o-m) basis in January. Actual (not seasonally adjusted) activity was up 11.5% year-over-year (y-o-y). The number of newly listed properties was little changed (+0.2%) m-o-m. The MLS® Home Price Index (HPI) advanced by 0.8% m-o-m and 4.7% y-o-y. The actual (not seasonally adjusted) […]