A year in review

by REP31 Dec 2014
As 2014 wraps up, REP is taking a look back at the top stories of the year. From potentially rising interest rates to declining oil prices, the year has been an eventful one, and 2015 is likely to pick up right where we left off.

Top News:
Interest rates:
This year, especially the last few months, hosted much speculation about the impact of rising interest rates. The CMHC promises the one per cent benchmark won’t stick around much longer, but agents and analysts alike are at odds over what the impact will actually be.

Top stories:
How will rising interest rates impact buyers?
BoC sounds the alarm over market imbalance – sort of
Mortgage rate hike good for business?
Realtors at odds over CMHC impact

Oil was the star of the housing market throughout 2014. High oil prices made Calgary the next hotspot for investors, and now low oil prices will are feeding much speculation about what the new year will bring.

Top stories:
Calgary on tenterhooks as oil prices slide
Calgary market not doomed on lower oil
Oil boosting million-dollar home sales in Alberta

Full-rate commission, discount brokerages, FSBOs, and the list goes on. How agents make money has been a hotly contested issue – and we’ll continue to host debates on the matter. But this year saw one particularly surprising development: a lawsuit from the Quebec Federation of Real Estate Boards.

Top stories:
Quebec boards get their day in court
When competing for clients, more is more
Agents must prove their value more than ever
Commission alternative to stave off time-wasters

Most Read:
From noble attempts at upholding the integrity of the business, to down-right smutty celebrity fodder, these were the top three stories that most interested REP readers in 2014.

Quebec Boards file motion against FSBO
Toronto scheme reminds agents to practice safety
Mortgage fraud sends reality TV stars to jail

Most Commented:
What boiled your blood in 2014? The never-ending debate on commissions really got REP readers talking this year.

Agents must prove their value more than ever
Will this new technology kill commissions?
Commissions are too high, agents argue



Is a Toronto foreign sales tax a good idea?