Between 1996 and 2021, more than two million homes sold in the GTA, representing a dollar volume in excess of $1.1 trillion. Average price has soared over the 25-year period, rising close to 453%, from $198,150 in 1996 to $1,095,475 in 2021, at a compound annual growth rate of 7.08%. Statistics Canada reports the Toronto…
RE/MAX has recently closed the sale of master franchise rights in the Republics of Kazakhstan and Uzbekistan. NEU Ltd., owned by Kazakhstan entrepreneur Batjargal “Batyr” Bazarsuren, is the new owner of Kazakhstan master franchise rights, while Uzbekistani entrepreneur Safa Karaduman now owns master franchise rights in Uzbekistan. This sale means that RE/MAX will be one…
Demand for Canadian luxury properties shifted into high gear from coast-to-coast in 2021 as both domestic and non-resident consumption of tangible assets such as residential real estate reached new levels, according to a report released this week by RE/MAX Canada. “The currency of home ownership has clearly taken on a new dimension in 2021,” said…
RE/MAX Holdings, Inc. recently announced today that Chief Financial Officer Karri Callahan and President of Motto Franchising, LLC Ward Morrison are scheduled to appear at the 2021 Stephens Investment Conference on Wed., Dec. 1, 2021, at 8:00 a.m. CST. A link to the live webcast of the Fireside Chat, as well as the replay, will…
RE/MAX Results, the largest RE/MAX franchise in the United States, owned and operated by Broker/Owner John Collopy and CEO Brenda Tushaus, has acquired the offices of RE/MAX Lakes Area Realty in the Brainerd Lakes region of Minnesota, the company has announced. RE/MAX Lakes Area Realty, previously owned by Patrick Wiebusch, is comprised of five offices…
RE/MAX, LLC has announced that the company has named Christopher Alexander as the President of RE/MAX Canada. Having recently completed the acquisition of the North American regions of RE/MAX INTEGRA, RE/MAX added the Ontario and Atlantic provinces (approximately 12,000 agents) to its previously owned Western Canada roster (approximately 7,000 agents). Only the Quebec region remains…
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