CREA to remove Quebec Listings by Out-Of-Province brokers

www.gelderman.ca

CREA (Canadian Real Estate Association) has said it will begin removing listings in Quebec by out of province brokers this month.

The issue of listings from out-of-province brokers was one of many reasons why the real estate boards in Montreal, Quebec City and other smaller centres opted to leave CREA at the end of 2013. CREA was awaiting a response from OACIQ (the Quebec Real Estate regulatory organization) before it could act, saying "CREA cannot remove a listing by a member unless the province shows it is inconsistent with its laws.”

CREA has also decided to wait until January 28th to remove the listings of those boards which have chosen to leave the national association. This is being done in order to allow for an orderly transition, as well as to give time to departing members to inform their clients that their listings will no longer be on Realtor.ca.

Read the entire article in Real Estate Magazine here.

Metro Vancouver housing market to remain stable in 2014

Local economists are predicting stable conditions in the Lower Mainland's real estate markets for 2014. The wild swings of past years and 2013's rebound in sales is expected to settle for 2014.

Vancouver Sun - “Home sales quietly improved last year compared to 2012,” said Sandra Wyant, president of the Real Estate Board of Greater Vancouver, “although the volume of activity didn’t compare to some of the record-breaking years” of the past decade.”