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Royal LePage Blog | Canadian Real Estate News | As tariff tensions persist, Canadians are selling their homes south of the border – Royal LePage Blog
More than a half of Canadians who own a residential property in the United States say they are planning to sell within the next year With political turmoil heating up in the United States and ongoing tensions between our two nations, a growing number of Canadians are ‘buying local’ and curbing travel to the south. What’s more, those who own residential real estate in the U.S. are rethinking their long-term plans – some already have. According to a recent Royal LePage survey, conducted by Burson,1 more than half (54%) of Canadians who currently own residential property in the U.S. say…
(Photo left to right: Dominic St-Pierre, Sandra Webb, Phil Soper and Carolyn Cheng). Royal LePage’s Carolyn Cheng has announced her retirement from the brokerage after nine years as its chief operating officer. She wrote on social media on Tuesday that her last day will be Nov. 30. “Over the past 25 years, I’ve been incredibly lucky to work with the best executive team in our business – they make me proud of our work, embody the highest of values, and have become part of my extended family,” reads her post. “Together, we have kept Royal LePage in a leadership…
North Oak Tower Condos at Oakvillage: A New Standard of Sustainable, Connected Living in Oakville
North Oak Tower Condos, the newest phase in the master-planned Oakvillage community by Minto Communities, is set to become a landmark of thoughtful urban design when it reaches completion in January 2028. Located at the strategic intersection of Dundas Street East and Trafalgar Road in Oakville, North Oak offers an innovative blend of contemporary living, environmental responsibility, and community integration that aligns with the evolving expectations of today’s discerning occupants. High-Demand Location Oakville’s reputation as a stable and sought-after city to live in reinforces the potential demand for residences in this development, especially given the limited availability of new, sustainably…
When it comes to high-calibre living in Toronto, Lawrence Park has long held its place among the city’s most coveted neighbourhoods. Nestled on a tree-lined street, 142 Buckingham Avenue presents as a newly completed custom residence that embodies everything the enclave is known for: timeless architecture, intelligent design, and a serene sense of retreat within reach of the city’s best schools, green spaces, and social institutions.The home itself, built by Rock Cliff Homes and designed by MCR Interiors, is a showcase of both craftsmanship and precision. With more than 5,000 sq. ft of finished space across three levels, the five-bedroom,…
More Canadian real estate sellers are pulling listings, as market conditions loosen. Canadian Real Estate Association (CREA) data shows the share of canceled listings climbed in July, continuing an upward trend amid rising inventory. The elevated share of cancellations, combined with higher inventory, has pushed volumes to a record high. A wave of new completions is compounding pressure, making tighter conditions less likely—and sellers more likely to contribute to market capitulation. Canceled Canadian Real Estate Listings Approach Record Share, But The Volume Is Already There Canadian real estate sellers have been canceling their listings at an unusually high rate in…
Canada’s labour market has seen notable shifts over the past two years, with unemployment rates moving higher across several provinces while others have maintained relative stability. Nationally, the unemployment rate reached 6.9% in July 2025, reflecting a continuation of the upward trend observed since early 2024. This increase follows the steady growth in the labour force and uneven job creation across sectors, indicating that the labour market is adjusting to broader economic pressures. Data Source: Edge Realty Analytics Looking at quarterly trends, provinces like Alberta and Ontario have experienced persistent elevations in unemployment. Alberta’s rate rose from 6.3% in Q1…
After more than nine years in the role, and over 15 years in total with the company, STOREYS has learned that Royal LePage Chief Operating Officer Carolyn Cheng is retiring at the end of November.Cheng stepped into the newly created role of COO in May 2016, and over the next near-decade she was tasked with leading the broker and agent services team, and contributing to the profitability and potential of the company through the development of products and services. “This appointment comes on the heels of a period of tremendous growth for the company. The Royal LePage brand is resonating…
British Columbia is a province defined by its mountains, forests, and scenic water views, but the lakes in British Columbia are among its most captivating features. For visitors, they offer once-in-a-lifetime views and activities; for prospective residents, they provide a chance to build a life where every day feels connected to nature. Here are some of the best lakes in BC that should be on your must-see list. Okanagan Lake – Kelowna & Penticton Size: 135 km long, 232m deep Okanagan Lake is one of the largest and most well-known lakes in British Columbia. Its narrow stretches of water wind…
As pressure from the public and real estate community mounts on Real Estate Council of Ontario (RECO) to take action in the iPro Realty. Ltd. fiasco, the industry watchdog has frozen the defunct brokerage’s account and undertaken an independent audit. RECO’s board announced Monday it had ordered an immediate freeze on iPro accounts, to “safeguard funds and secure business operations,” it said, while an independent audit into the matter by legal firm Dentons Canada LLP will begin immediately, according to a statement. Demands for action are getting louder after Ontario’s real estate regulator said last week that iPro Realty co-founders Rui…
In the heart of Alberta’s Kneehill County, just an hour from Calgary and YYC International Airport, a rare 160-acre estate blends architectural refinement with the quiet serenity of prairie living. Designed for multigenerational living, a boutique retreat, or as a private rural residence, 240046 284, Rural Kneehill County offers a scale and versatility seldom seen on the market.The 13,000+ sq. ft stone-clad main residence is a study in craftsmanship, from its rich cherry oak mouldings and custom cabinetry through to the Cheryl Wagner gold hardware. Crestron smart technology, soaring ceilings, and seven gas-lit wood-burning fireplaces create a home that is…