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Sutton Group adds six new realty offices despite slow market

2 days ago

Sutton Group adds six new offices despite slow market

Sutton Group Realty has added another six realty offices despite persistently slow housing sales conditions. Canada's housing sales market is “beyond slow” and amid one of the worst-ever periods, said Ross McCredie, CEO of Sutton Group, in a recent interview.

A Toronto condo just sold for $290,000 — is this a new low?

An Etobicoke condo sold earlier this month for under $300,000 as the city’s condo crash hits new lows. The one-bedroom apartment under 600 square feet at does not include parking, and the building is only a few years old. 

1,000-home plan could double Manitoba town's population

VIDEO: Some residents of Île-des-Chênes, a small community southeast of Winnipeg, are concerned about the proposed 1,000-home Oak River Meadow development, which could increase the community's population from roughly 1,500 to 4,000.

Realtors say the eye-catching bargains are rare, but there

The sale of a house in North Vancouver, B.C., late last year made it the envy of bargain hunters. The buyers made an extremely lowball offer and scored a real estate win.

Saint John council backs 195-unit townhouse project

Despite opposition from nearby residents, Saint John councillors gave first and second reading Monday to a proposed development that would bring 195 apartments stacked in townhouses to the lower west side.

120-unit Wolfville, N.S. purpose-built rental breaks ground

Lindsay Construction, S2E Technologies and Canyon Hill Developments recently celebrated the groundbreaking of 123 Highland Ave., a 120-unit purpose-built rental community in Wolfville, N.S. The build is located 600 metres from the campus grounds of Acadia University.

Calgary, Edmonton housing starts slip. Maybe that's good

Charles St-Arnaud, chief economist of Servus Credit Union, said the slowdown is in line with lower population growth. “With population growth slowing meaningfully, we don’t need the same pace of supply coming on to the market," he said.

Housing-accelerating cities promote gradual approach

The federal government offered cities millions to change housing rules. Some were pushed into fights they were not ready for while others used the money to move faster on existing plans.

Laneway homes offer multi-generational living option

Laneway homes have been pitched as a way to increase housing supply and generate rental income. Now, they’re also helping older homeowners age in place while giving the younger generation a chance at home ownership.

Inside Morgan Browne’s playbook for Oakwyn Realty

Oakwyn Realty founder and CEO Morgan Browne has grown the Vancouver-based brand into a powerhouse brokerage with more than 1,050 agents across 14 offices — and more are on the way.

RE firms feel burdened by money-laundering paperwork

OPINION: The latest monetary penalty imposed on a real estate brokerage by the federal government’s anti-money laundering regulator should serve as a wake-up call for realtors, according to experts. Federal law requires brokerages to create anti-money laundering policies and procedures.

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