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North of Extraordinary Celebrates How Canadians Experience The Feeling of Home
Coldwell Banker Canada, proudly Canadian-owned and community-focused, believes every home has a story worth telling.
You see more than a house. We do too.
Every home tells a story. It’s the corner of the kitchen where the dog bowl lives, the pencil marks on the doorframe that quietly record the years, and the sound of hallway giggles as kids race through the house.
Buying or selling a home isn’t just about square footage or market trends. It’s about protecting those memories while creating space for new ones. For many Canadians, this journey can feel overwhelming. The question at the heart of it all: Who can I trust to guide me through one of life’s biggest transitions?
Whether it’s a first condo in the big city or a family home filled with decades of memories, every move carries both financial weight and deep emotional significance.
Leading the way for consumers is Coldwell Banker Canada, whose 3,000 agents nationwide believe that trust is built through local expertise and a deep understanding of what home truly means. Since 1989, the company has developed a strong network and a reputation for guiding Canadians through the complexities of buying and selling homes, combining national strength with neighbourhood-level insight to create a personal and trusted real estate experience. Today, with a Canada-first approach and Canadian ownership, Coldwell Banker Canada continues to grow while staying deeply connected to the communities it serves and helping Canadians move forward with confidence
“Canadian real estate is not one market, it is dozens of local markets that move differently,” says Karim Kennedy, CEO of Coldwell Banker Canada. “Being Canadian-owned and operated means we are making decisions here, for Canadians, with their realities in mind.”
That distinction matters in an industry where many national brands take their direction from outside the country. Coldwell Banker Canada sees its independence as a way to stay closer to what buyers and sellers actually experience, from navigating changing markets in Toronto to capitalizing on continued demand for properties in smaller towns.
In celebration of their approach to real estate, Coldwell Banker Canada launched North of Extraordinary™, a national platform that asks Canadians to look at home not as a property, but as a place where life happens. At its heart, it aims to capture moments Canadians know well: the scrape of skates on a backyard rink, snow boots drying by the door after the first storm, mismatched chairs pulled to the table for Thanksgiving, or towels hanging on the porch after a summer swim at the lake.
“The idea behind North of Extraordinary is simple,” explains Shane Supernova, Brand Marketing Manager with Coldwell Banker Canada. “It’s about pausing to appreciate the moments that turn four walls, a roof, and a front door into a home. It’s the laughter, the milestones, even the chaos. Those are the things that make a house extraordinary.”
By focusing on the feelings tied to home, such as belonging, pride, and continuity, the platform reflects a belief that the company says defines its network: that real estate is about people first and the trust that guides them through one of life’s biggest decisions.
“For most people, buying or selling a home is the single biggest decision of their lives,” Hashim Arthur, Chief Operating Officer, Coldwell Banker Canada, explains. “Our role is to make sure they have the guidance and confidence to navigate that with clarity.”
Arthur emphasizes that professionalism and accountability are not optional in today’s market. “Trust is the foundation of real estate,” he notes, “Canadians deserve agents who are accountable, professional, and connected to their communities. That is what we work on every single day.”
That focus on trust has also been recognized by Canadians themselves. Through its Ultimate Service program, Coldwell Banker Canada has earned a 98 percent client satisfaction rating from more than 95,000 Canadian buyers and sellers, a level of satisfaction the company says is unmatched in the industry.
Beyond expertise, he adds, it is the community connection that makes the difference. “When you work with a Coldwell Banker Canada agent, you are working with someone who knows the schools, the parks, the history of the neighbourhood, because they live there too. That local insight is what helps buyers and sellers feel confident they are making the right move.”
This focus on trust is what helps consumers look beyond the noise of market headlines. “The truth is, no two moves are the same. What we can promise is that our agents show up with the expertise, the care, and the resources to help families move forward.”
Coldwell Banker Canada has been steadily expanding its presence, welcoming new brokerages from the Northwest Territories to Atlantic Canada. But Kennedy says growth isn’t about numbers alone.
“For us, growth isn’t about planting more signs in more lawns,” he says. “It’s about building a culture Canadians can rely on. We want brokerages and agents who see real estate as a calling to serve, not just a business to run.”
That approach has helped Coldwell Banker Canada post net positive agent growth at a time when many competitors are contracting. For consumers, it means having access to a network of professionals who combine local expertise with national support.
Behind the scenes, the company’s leadership says it is investing in tools, training, and support to raise the bar for agents and, by extension, the experience of buyers and sellers. But at its core, the message is simple: Coldwell Banker Canada is Canadian-owned, rooted in Canadian communities, and focused on the people who call them home.
“Wherever your next move takes you,” Kennedy says, “Whether it is a first condo, a family home, or a quiet place to start a new chapter, Coldwell Banker Canada is already there, helping Canadians turn houses into homes. That is what North of Extraordinary means.”
Thinking about making your next move?
Connect with your local Coldwell Banker Canada community brokerage here.
What Nearly 50 Years in Real Estate Taught One Broker About the Industry’s Future
William Nelson has spent nearly five decades serving a small Ontario town. His story offers lessons in leadership, legacy, and what truly makes a brokerage last.
In 1979, Bill Nelson joined a small real estate office in Mount Forest, Ontario. Listings arrived once a week in a three-ring binder. Offers were often handwritten and only a page long. Buyers and sellers waited patiently for responses because there was no other option.
Nelson had been introduced to the business a few years earlier, when he purchased a rental building through Brian Padfield, a local broker and business owner. The two struck up a friendship that quickly turned into a partnership. By the time Nelson formally joined the firm, he was already deeply connected to the community and to the values that would define his career.
Eventually, he bought into the company and helped manage both the real estate office and a neighbouring insurance brokerage. He and his partner worked side by side for decades. “We never had a fight,” Nelson shares. “We didn’t always agree, but we respected each other enough to talk it through.”
The business evolved over time. In 1993, it joined the Coldwell Banker network as Coldwell Banker Padfield Realty and became what is now Coldwell Banker WIN Realty. Though the name changed, the approach never did. The office has remained rooted in the community, offering steady service across market cycles and generational changes.
Today, the brokerage is celebrating 50 years of continuous service. Nelson has been there for 46 of them, guiding clients through a business that has grown faster, more complex, and, in some ways, less personal.
“Real estate used to move slowly,” he reflects. “Now it moves so quickly. The challenge is not losing your sense of purpose along the way.”
Then and Now
When Bill Nelson began his career, real estate was a far simpler business. Deals were drafted on typewriters or by hand, often no more than a single page, and agreements were sealed with signatures and handshakes. The work depended on patience, persistence, and trust.
Communication moved at the speed of the postal service. Offers were delivered in person or by fax. Phones rang on desks, not in pockets. And when someone left the office for the day, they were truly unreachable.
“You couldn’t expect an answer right away,” Nelson remembers. “That was just how it worked. You had to wait.”
It was a slower time, but in many ways, a more patient one. Agents met their clients face-to-face. They knocked on doors, followed up in person, and often knew the families behind the front lawns.
Today, real estate moves at a very different pace. Messages arrive by the minute. Clients expect answers within the hour. Listings go live in real time, and the pressure to always be online has crept into every corner of the business.
Nelson resists that pull. He does not advertise his cell phone number. He does not receive work emails on his phone. “It is a tool,” he explains, “not a leash.”
Though the platforms and the pace have changed, his belief in balance has not. In a world of pings, prompts, and notifications, he still makes space for conversations that take time and for decisions that deserve it.
The Value of Experience
The speed of the business is not the only thing that has changed. So has its texture. The rise of new platforms, digital tools, and data-driven marketing has reshaped how properties are promoted and how deals are made.
Nelson pays close attention to those changes. He sees the value in automation and analytics, but believes tools are only as good as the hands that use them.
“These things are helpful,” he admits. “But they are not a replacement for judgment, or for relationships. Real estate is still about people. It always has been.”
What concerns him more than technology is motivation. He has watched the industry attract a growing number of part-time licensees and short-term career seekers. At Coldwell Banker WIN, he screens every new hire through a psychological assessment. The goal is to find individuals with a mindset rooted in service, not just sales.
“If someone is coming in for quick money, they are not the right fit,” he cautions. “I have made that mistake before. I don’t make it anymore.”
For Nelson, real estate is not about keeping up with the flashiest trends. It is about doing the work, building trust, and staying true to the fundamentals.
“Good agents still rise to the top,” he stresses. “They always will.”
Legacy in Motion
For all the deals closed, contracts negotiated, and economic cycles weathered, the moment that stands out most to Bill Nelson is not about a property. It is about a person.
Years ago, his son was living in Korea. When he and his wife made the decision to move back to Canada, Nelson kept the news a secret from his own wife for nearly a year. Quietly, he prepared a house for them and set up an office at the brokerage. To keep the surprise intact, he told his wife the home was being rented by an overseas couple.
The reveal came during a family gathering. “My son walked in wearing a custom T-shirt,” Nelson recalls. “My wife looked at him and said, ‘How long are you here for?’ He said, ‘Hopefully forever.’ That was one of the best moments of my life.”
Today, that son is one of Coldwell Banker WIN Realty’s top-performing agents and is preparing to take over the business in the coming years.
It is a story that says a great deal about Nelson. It reflects how he thinks, how he leads, and how seriously he takes responsibility for his family, for his agents, and for the people his brokerage serves. Real estate, for him, is not just a business. It is a long-term commitment built on trust, care, and continuity.
In a profession where agents come and go, and offices can feel interchangeable, Nelson’s story is a reminder that some brokerages still see clients as neighbours, and legacy as something worth planning for.
Wisdom Shared
Nelson has experienced both economic booms and historic downturns. He sold homes when mortgage rates hit nearly 22 percent. He kept his business stable through the financial crisis, through the housing frenzy of 2020, and through the regulatory shifts that followed.
He is not interested in chasing volume or playing to trends. He is interested in building something that will last.
“I’m not working for me anymore,” he points out. “I’m not even working for my kids. I’m working for my grandchildren. Their world is much more difficult than mine was, and I want to leave them something solid.”
His advice for young agents is simple.
Learn the history. Study the rules. Remember that you are representing people, not just properties. If you focus on doing the right thing, even when it is not the easy thing, you will build a reputation that stands.
What Lies Ahead
Nelson believes the industry is heading toward another period of adjustment. As baby boomers age, housing inventory will increase, but not always in places where buyers want to live. At the same time, he expects regulatory bodies will raise the bar for licensing and accountability.
“There are too many people with too little training,” he says. “We need to fix that.”
At Coldwell Banker WIN Realty, he continues to mentor his team, troubleshoot complex deals, and advocate for collaboration over competition. His approach is not flashy, but it works.
“In the end, this is a people business,” he reminds us. “You don’t need to be everywhere. You just need to be the one they trust.”
Bill Nelson is the Broker of Record at Coldwell Banker WIN Realty in Mount Forest, Ontario, with more than 46 years of experience in real estate and deep ties to his community. He holds multiple professional designations and has served in leadership roles across business, healthcare, housing, and civic organizations. Named Mount Forest’s Citizen of the Year in 2015, Bill is widely recognized for his integrity, commitment, and people-first approach. Under his leadership, Coldwell Banker WIN Realty was honoured with Mount Forest’s Corporate Citizen of the Year Award in 2022, the same year he was named Canadian Ambassador by Coldwell Banker Canada. In 2024, Bill was awarded the King Charles III Coronation Medal in recognition of his significant contributions to the community.
Coldwell Banker Canada Lights Up Gen Blue 2025 at the Fontainebleau, Las Vegas
There’s nothing quite like the magic of Gen Blue, and this year at the fabulous Fontainebleau Las Vegas, Coldwell Banker Canada proudly kicked things off in unforgettable style. From our Canada Day celebration to two action-packed days of learning, networking, and innovation, Gen Blue 2025 reminded us why the Coldwell Banker® network continues to lead with vision, collaboration, and heart.
Canada Day Kick-Off: North of Extraordinary
Our Canadian delegation, more than 50 strong, set the tone for Gen Blue with a vibrant Canada Kick-Off session that was equal parts business, inspiration, and connection.
The highlight was the official unveiling of North of Extraordinary, Coldwell Banker Canada’s new national brand platform. The campaign reflects what makes our presence distinctly Canadian: rooted in place, driven by purpose, and connected to people. It celebrates the idea that real estate is about the stories, traditions, and milestones that turn a house into a home.
North of Extraordinary is a rallying cry for our network. It speaks to buyers and sellers who want trusted guidance, to brokers who want a brand with legacy and momentum, and to agents who seek a community built on leadership and meaning. In short, it tells the world that Canadian real estate deserves to be seen differently, and that our network is here to deliver it.
We were also joined by the Coldwell Banker/Anywhere team, who highlighted the powerful new referral network platform and other tools that Canadian agents can now leverage across our global system.
Eric Smith, Pat O’Rourke, and Wade Adams reminded us to get “back to basics”, where the keys to growth are consistency and staying true to what feels natural. Adding to the momentum, Kanini Ching, our newly crowned Coldwell Banker AI Innovator Award Winner, shared practical AI prompts and strategies that transcend borders and elevate real estate success.
Breakout sessions led by Brett Matsuura turned into collaborative think tanks, sparking new ideas and strategies. And when David Marine took the stage to share the art of storytelling, he had us all leaning in, proof that connection is the heart of our business.
The evening closed in the marketplace with a toast to new global friendships, the deepening of existing relationships, and a sense of excitement for what was to come.
Day 2: Inspiration at Scale
With 2,500 attendees in the room, the energy reached new heights.
- Key takeaways included:
- A powerful market update and vision for the future from Jason Waugh, CEO of Coldwell Banker.
- The launch of the Inspired Living Initiative, including Land & Ranch, Water Properties, Urban Living, Sports & Entertainment.
- The debut of Live Well with Coldwell
- An inspiring panel led by Kamini Lane, spotlighting agents who are “All In.”
- Recognition of this year’s Coldwell Banker Nomination Award winners, including heartfelt moments like Mary Williams’ $1M donation to St. Jude.
- A thought-provoking keynote by world-renowned photographer Platon, reminding us that empathy and authenticity lie at the core of real estate.
- And of course, the Marketplace buzzed with creativity, from the Image Lab and Social Media Content Lab to a puppy-filled recharge station.
- Bold Moves, Big Ideas, breakout session with our 30 under 30 Canadian winner Shelby Vincent from Coldwell Banker Local, Regina, Saskatchewan
Day 3: Going ALL IN
The final day proved why Gen Blue is the most anticipated event of our network.
Sessions were laser-focused on helping agents thrive, including deep dives into social media, policy impacts on real estate, and luxury growth strategies. Canadian agents contributed to breakout sessions on multiple panels throughout the day. AI continued to dominate the conversation with standing-room-only sessions, including the ChatGPT Masterclass and the much-anticipated AI Innovator of the Year showcase.
Congratulations again to Kanani Ching, whose cutting-edge digital avatar presentation showed exactly how technology can power agents to the top of their markets.
The day wrapped with the Marketing Summit, fuelling brand strategies for 2025, and the unforgettable Gen Blue Party at LIV, a high-energy celebration of connection, collaboration, and community.
Thank You
Gen Blue 2025 was extraordinary because of you, our incredible network of agents, brokers, managers, and staff. Together, we continue to push boundaries, embrace innovation, and create opportunities that are truly North of Extraordinary.
Until 2027, let’s carry the Gen Blue spirit back to our markets, our teams, and our clients and Live Well with Coldwell.
Canadian Home Sales Climb for Fifth Straight Month as Market Momentum Builds
Canada’s housing market finds its footing with five straight months of sales growth, rising inventory, stable prices, and cautious optimism for the fall
The Canadian housing market continued its late spring rebound through August, with national home sales rising 1.1% compared to July. This marks the fifth straight month of increasing activity and adds up to a 12.5% gain in transactions since the slowdown in March. August also delivered the strongest sales result for this time of year since 2021. Compared to last year, actual sales were up 1.9%, showing a modest improvement over August 2024.
Sales Up Nationally, Led by Montreal and Vancouver
According to the Canadian Real Estate Association, much of the growth came from Montreal, Greater Vancouver, and Ottawa. These gains were enough to offset a small decline in the Greater Toronto Area. Toronto has been the main driver of national sales increases for much of the year, so a brief pause is not unexpected. The encouraging sign is that other major cities are now picking up steam.
“This five-month upswing in sales is giving buyers and sellers new confidence heading into the fall,” noted Karim Kennedy, Chief Executive Officer of Coldwell Banker Canada. “We are seeing strong momentum in markets like Montreal and Vancouver, showing that the recovery isn’t limited to one region. Canadians are adjusting to the current interest rate environment, and our Coldwell Banker agents are helping clients navigate these opportunities with confidence.”
Overall, activity has been steadily gaining strength since the spring. Many buyers who had been waiting on the sidelines during the quieter winter and early spring are gradually returning to the market.
More Sellers Return as New Listings Rise
Sellers have responded to the uptick in sales by listing more homes. Nearly 76,000 properties came onto the market in August, a 2.6% increase from July and about 6% higher than a year ago. Because new supply rose faster than sales, the sales-to-new-listings ratio eased slightly to 51.2% compared to 52% in July.
That ratio means roughly half of all new listings are selling, a sign of balanced conditions. Buyers have more choice than they did in the spring, while demand remains strong enough to keep pace.
Inventory Lowest Since January, Yet Balanced
At the end of August, Canada had 4.4 months of inventory on the market. That is the lowest level since January, but still within normal ranges for this time of year.
“Even with inventory at its lowest level in months, there’s still enough supply to keep the market healthy and avoid runaway price pressure,” observed Hashim Arthur, Chief Operating Officer of Coldwell Banker Canada. “Conditions are balanced, which is a good place to be. Buyers have more selection than they did earlier in the year, and sellers who price their homes appropriately are still finding strong interest.”
In total, there were about 195,000 properties listed for sale across the country at the end of August. That is almost 9% higher than a year ago and is in line with historical norms for this time of year. The overall supply picture has returned to a more typical state after years of tight conditions, which has prevented the extreme seller’s markets seen in the past.
Home Prices Holding Steady
Despite rising sales, prices have been largely flat. The MLS Home Price Index, which measures the benchmark value of a typical home, slipped by just 0.1% from July. It remains about 3.4% lower than last August, reflecting the declines seen in late 2024 and early 2025 when the market adjusted to higher borrowing costs.
Since April, however, prices have held steady. The national average sale price in August was about $664,000, up 1.8% compared to August 2024. That was the first annual increase in several months and suggests that values are stabilizing, with modest gains showing up in some regions. Year-over-year comparisons are expected to keep improving this fall as the market moves past last year’s lows.
Price patterns vary by region. Higher-priced markets such as Toronto and Vancouver went through deeper corrections last year and are now stabilizing. More affordable markets are beginning to see small increases as activity picks up. The overall message is that prices are no longer falling, but they are not surging either. Buyers are not facing the rapid increases seen during the pandemic, while sellers are generally not under pressure to discount heavily.
What to Watch This Fall
As summer wraps up, attention turns to the fall market, which is traditionally one of the busiest times of the year. Two factors will be key. The first is the surge in new listings after Labour Day, which has already begun. The second is the Bank of Canada’s next interest rate decision. Even a modest rate cut could bring more buyers back into the market.
“We anticipate that if borrowing costs ease even slightly, it will encourage a wave of buyers who have been waiting for a better entry point,” Arthur explained. “Our agents are already seeing more inquiries from clients who are watching mortgage rates closely. With additional listings coming on and a possible rate adjustment ahead, the fall could be a very active season. Buyers who are ready with financing in place will be in a strong position to act quickly when they see the right home.”
Kennedy added, “A balanced market is good news. Buyers have more choice, sellers have realistic expectations, and transactions are happening at a healthy pace. As we head into the fall, preparation and timing will be key. Those who are ready to move will be best positioned to take advantage of opportunities as they arise.”
Trust in Canadian Real Estate
Why recent failures are a wake-up call for consumers, agents, and brokerages to demand higher standards.
In recent months, a few situations have reminded Canadians how fragile trust in real estate can be. In one instance, a large brokerage closed suddenly after serious issues were discovered in the handling of client deposits. In another, allegations of financial misconduct by a licensed professional raised questions about how problems could go unnoticed inside a long-established office.
These examples are reminders that when oversight or culture falls short, the effects reach far beyond a single transaction. Clients begin to question whether their investments are safe, and professionals across the industry are left to defend the reputation of the profession as a whole.
What Went Wrong
Oversight in real estate is meant to serve two purposes: to protect consumers and to hold professionals accountable. Yet when financial controls are weak or regulators are slow to act, the system fails on both counts. In recent cases, serious problems went undetected until they had already caused significant harm, raising doubts about how closely trust accounts are monitored and how quickly red flags are investigated.
Regulation, on its own, is not enough. Rules and policies only matter if they are enforced with consistency and urgency. Too often, the focus falls on minor technicalities while larger risks go unchecked. When that happens, clients are left vulnerable, and agents who are doing their jobs with integrity find their reputations undermined by the failures of others.
These lapses are not just administrative shortcomings. They weaken the bond of trust that real estate depends on, and they point to the need for stronger oversight combined with a culture that demands higher standards every day.
Trust as the Cornerstone
Buying or selling a home is one of the most important decisions of a lifetime. It depends entirely on trust. Clients must know that their Realtor is acting with integrity, just as Realtors expect honesty from their clients.
Consumers should demand financial accountability. In most provinces, deposits are held in a brokerage’s trust account. Recent events show why it is fair to ask exactly how those accounts are managed, how often they are reconciled, and what protections exist if funds are misused. A reputable brokerage will have a clear answer and will not hesitate to share it.
Professionalism is equally important. Clients should expect their Realtor to act with honesty and fairness, to disclose conflicts, and to put the client’s interests first. If something feels wrong, consumers are right to walk away.
Finally, consumers must look beyond the individual agent to the company behind them. A strong agent in a weak system can still end up caught in disaster. Research the brokerage name on the contract. Ask about its training, compliance, and track record. The right brokerage sets the tone for ethical conduct.
What Agents Should Prioritize
It’s not only consumers who are re-evaluating their choices. Real estate agents themselves have been given much to think about. For many, the sudden closure of a brokerage can be career-altering, leaving agents to scramble to find new homes for their businesses overnight, all while reassuring clients that those clients’ deposits and deals were still safe. The lesson is painfully clear: an agent’s choice of brokerage can either underpin their success or undermine it catastrophically.
Choosing a brokerage based on splits or low fees alone is a short-sighted decision. A rock bottom desk fee means little if the firm cannot protect your clients or your own livelihood.
Agents should ask harder questions. Does the brokerage have strong oversight of trust accounts? How does it respond to misconduct? What kind of mentorship and training does it provide? What is the broker-owner’s reputation in the community?
Culture is critical. A brokerage should promote integrity, discipline those who fall short, and support agents who choose to do the right thing even when it is hard. It should also be prepared for a crisis. When challenges arise, the response must be swift and principled. Clients and agents alike need to see that integrity matters more than convenience, and that the organization will always put trust and accountability ahead of affiliation.
At the end of the day, every Realtor’s career depends on public trust. By choosing brokerages that prioritize ethics and accountability, agents protect their clients and themselves while strengthening the industry’s collective reputation.
The Brokerage Burden
These situations also shine a spotlight on the responsibility of brokerages. Real estate brokerages are more than just administrative hubs; they are the first line of defence for consumer protection. A brokerage accepts deposit cheques, holds them in trust, supervises transactions, and mentors agents on proper practices. When a brokerage fails at these duties, whether through negligence or malfeasance, the consequences can be devastating, as we’ve seen. That’s why broker-owners must view integrity and transparency not as abstract ideals, but as daily operational imperatives.
Proactive oversight is the starting point. Brokerages should conduct frequent reconciliations of trust accounts and invite third-party review. Some in the industry have called for monthly reporting and mandatory external audits. Brokerages that value transparency will welcome these measures.
Equally important is setting a culture of ethics. Leaders must encourage staff to speak up, protect those who do, and take decisive action when misconduct is uncovered. Trust grows when everyone in the organization knows that integrity is non-negotiable.
A Call to Higher Standards
There is an opportunity when such situations happen. Trust, once broken, can be rebuilt, but it demands action from every part of the profession. Regulators must enforce the rules with speed and strength. Industry associations must continue pressing for consumer protections. Brokerages must go beyond the minimum standard to ensure deposits and deals are safe. Agents must align themselves with firms that share their values. Consumers must keep asking smart questions and expect clear answers.
Most Realtors are already living up to that standard. They are honest, hardworking, and as frustrated as the public when scandals make headlines. Each time an agent goes the extra mile for a client, or a brokerage chooses transparency over convenience, trust is restored a little more.
This is a pivotal moment. We can allow these failures to define us, or we can use them to demand better of ourselves. The choice is ours. Agents must demand higher standards. Clients deserve them. And the future of Canadian real estate depends on them.
Rob Goodings is Vice President of Account Management at Coldwell Banker Canada, where he guides franchise development and helps grow the brand’s presence in new markets. Since joining the company in 2005, he has built a career that spans marketing, learning, and affiliate services, giving him both a deep knowledge of the business and close connections across the network. Rob’s focus is on supporting broker-owners, strengthening relationships, and ensuring the Coldwell Banker brand continues to deliver long-term value across Canada.
Canadian Home Sales Continue to Climb in July as Market Finds Its Footing
Canada’s housing market gained further momentum in July with a fourth month of rising sales and prices holding steady. CREA’s latest numbers point to balance at the national level, while Coldwell Banker Canada underscores the importance of local expertise as regional markets move at very different speeds.
Canada’s housing market is showing signs of renewed energy. According to the Canadian Real Estate Association’s July report, national home sales rose 3.8% compared with June. That marks the fourth month in a row of stronger activity, with transactions up more than 11% since March.
The Greater Toronto Area led much of that growth, with sales rebounding more than 35% over the past four months, although activity there is still below long-term averages. CREA’s Senior Economist Shaun Cathcart noted that July’s increase marked a turning point, with the long-anticipated post-inflation recovery in housing finally beginning to take shape.
At the same time, prices have held steady. The national benchmark price was flat month over month and down 3.4% from a year earlier. The national average sale price in July was $672,784, edging slightly higher than last year. Inventory sat at 4.4 months, just below the long-term norm of five months, while new listings were unchanged. In short, the market is balanced.
Why Balance Matters
For Karim Kennedy, Chief Executive Officer of Coldwell Banker Canada, this shift is significant.
“This is what a balanced market feels like,” Kennedy explained. “Buyers are coming back with confidence, but without the frenzy that makes it hard to think clearly. People are approaching their decisions more carefully, and that is exactly when experienced agents can make the biggest difference.”
Kennedy adds that while the national numbers set the tone, the real story is local. “The market in Saskatoon is not the market in Toronto. Quebec City is not behaving like Vancouver. Local expertise has never been more important.”
Confidence Returns
Hashim Arthur, Chief Operating Officer at Coldwell Banker Canada, sees psychology playing as big a role as the statistics.
“For much of 2024, Canadians were waiting. They were waiting on interest rates, waiting on the economy, waiting to see where prices would land,” Arthur says. “Now that uncertainty has lifted a little, we are seeing that demand come back into the market. Sellers are preparing for the fall, and buyers are re-engaging.”
CREA’s Chair, Valérie Paquin, noted that September often brings a surge of new listings. With activity already strengthening through the summer, this year’s fall market could provide a clearer picture of how much demand is really back.
A Market of Contrasts
National balance does not mean uniformity. In higher-priced regions such as Toronto and Vancouver, prices remain under modest downward pressure. In more affordable areas, demand continues to drive growth. Cities like Quebec City and regions across the Prairies and Atlantic Canada are seeing competition heat up, even as Ontario’s condo markets are still working through excess supply.
Kennedy sums it up simply: “There isn’t one Canadian housing market. Every city and region tells its own story, with its own pace and pressures. Success comes from understanding the market you are actually in.”
What it Means for Buyers and Sellers
For buyers, July’s numbers point to a market where there is greater choice without the bidding wars that defined earlier years. Stable prices and steady supply mean conditions are less intimidating, particularly for first-time buyers who were previously priced out. In some regions, especially in the Prairies and Atlantic Canada, buyers will still face competition, but on the whole, this is an environment that allows for more measured decisions.
For sellers, the message is equally encouraging. After months of slower activity, demand is returning, and motivated buyers are back in the market. While pricing needs to remain realistic in higher cost areas such as Toronto or Vancouver, balanced conditions mean listings are more likely to move than they were earlier in the year. Sellers who prepare now will be well-positioned to take advantage of the traditional fall surge in activity.
Looking Ahead
As fall approaches, both buyers and sellers have opportunities. Buyers can expect more choice as new listings arrive in September, while sellers will find a pool of motivated buyers who are once again confident about making a move.
Arthur encourages preparation on both sides. “If you are planning to buy or sell this fall, don’t wait until listings appear. Work with a real estate professional now. Balanced markets don’t last forever, and being ready is an advantage.”
After a challenging stretch, confidence is returning. Sales are climbing, prices are stable, and buyers are coming back. As Cathcart put it, the long-anticipated recovery may finally be here, and the fall season will show just how durable this shift can be.
About Coldwell Banker Canada
Founded in 1906, Coldwell Banker is the most established residential real estate franchise system in North America. The brand expanded into Canada in 1989 and has since built a legacy of serving the real estate needs of Canadians from coast to coast. In 2021, Coldwell Banker Canada was acquired by Canadian entrepreneurs Steve Houle and Karim Kennedy, who are dedicated to growing the brand’s presence nationally. For more information, visit coldwellbanker.ca/franchising.
CREA June 2025 Report: National Sales Rise While Regional Markets Tell Very Different Stories
Canada’s housing market gained momentum in June with a second month of rising sales and prices stabilizing nationally. CREA’s latest figures reveal very different stories across the country, as Coldwell Banker Canada notes strong Prairie and Atlantic markets while parts of Ontario continue to lag.
In June 2025, national home sales rose for the second month in a row as more buyers returned to the market. The Canadian Real Estate Association reports that home sales recorded through MLS climbed 2.8% in June compared to May. That followed a 3.5% gain in May, marking two straight months of recovery after a sluggish spring. Compared with June 2024, sales were up 3.5%, the first year-over-year increase in many months and a clear sign that the market is moving in a healthier direction.
Highlights for June 2025 across Canada:
- Home sales rose 2.8% over May and were up 3.5% compared with last June.
- New listings fell 2.9%, which tightened supply.
- The MLS Home Price Index slipped only 0.2% from May and was down 3.7% from a year ago, the smallest decline in months.
- The average home price was $691,643 in June, down 1.3% from last year.
- Inventory stood at just over 206,000 homes, equal to 4.7 months of supply, which is about 11% more than a year ago.
CREA’s Senior Economist, Shaun Cathcart, described June as “pretty close to a carbon copy of May,” with sales up about 3% month over month and prices holding steady.
Karim Kennedy, Chief Executive Officer of Coldwell Banker Canada, says these numbers match what his teams are seeing on the ground. “This is the type of market where experience really matters. Canadians are returning to real estate with caution, and they are looking for expert local guidance. Our agents are seeing that shift every day,” he explained, emphasizing the importance of regional insight.
Regional trends tell very different stories
National statistics can hide sharp differences between regions. Ontario, particularly Southern Ontario and the Greater Toronto Area, is only slowly recovering. Sales in the GTA have increased 17.3% since April as buyers who waited through the spring begin to re-enter the market. Even with that momentum, large inventories and affordability challenges are putting light downward pressure on prices. Benchmark prices in Guelph, Niagara and London slipped between 1% and 2.5% in June compared with May. Toronto’s benchmark price fell by almost 1% in June. These are markets that saw very steep price increases during the pandemic and are now adjusting to more normal levels, creating opportunities for patient buyers.
Markets in the Prairies, Quebec and Atlantic Canada are telling a very different story. Property values in Saskatchewan, Manitoba, Quebec and much of Atlantic Canada remain resilient because supply is tighter and demand is still strong. Saskatchewan’s market is a standout performer. Home sales in the province reached 1,768 units in June, the third-highest June on record and 6% higher than a year ago. Prices there are at record levels, with the benchmark price hitting $370,700 in June, about 8% higher than last year. Regina and Saskatoon both posted benchmark price gains of between seven and 8% over the past year, while Quebec City surged by 16%. Several Atlantic Canada markets, including Halifax and Saint John, also saw double‑digit annual price gains.
“It is easy to read a national headline and think the whole country is moving in one direction,” Kennedy noted. “The truth is very different. What is happening in Saskatoon is not the same as what is happening in Toronto. That is why local expertise is so valuable.”
A balanced market heading into the second half of the year
Experts are cautiously optimistic about the second half of 2025. The Bank of Canada’s interest rate policy and broader economic trends will continue to shape the market, but the data suggests that a delayed spring rebound is now taking hold. CREA’s chair, Valérie Paquin, noted that most markets are turning a corner even though conditions still vary widely across the country.
Coldwell Banker Canada encourages buyers and sellers to take advantage of balanced conditions while leaning on experienced local agents for insights.
The overall outlook for 2025 is one of gradual recovery. Sales are improving, prices have levelled off nationally, and confidence is returning. Every market has its own story, and that is why local insight and trusted advice are more important than ever.
About Coldwell Banker Canada
Founded in 1906, Coldwell Banker is the most established residential real estate franchise system in North America. The brand expanded into Canada in 1989 and has since built a legacy of serving the real estate needs of Canadians from coast to coast. In 2021, Coldwell Banker Canada was acquired by Canadian entrepreneurs Steve Houle and Karim Kennedy, who are dedicated to growing the brand’s presence nationally. For more information, visit coldwellbanker.ca/franchising.
Coldwell Banker Canada Achieves Historic Milestone with Five Agents Named to Global 30 Under 30 List
Emerging REALTORS® from across the country are being recognized on the world stage, spotlighting a new generation of Canadian talent and a brand on a mission to bring more people home.
ST. ALBERT, AB – JUNE 19, 2025 – In a significant moment for Canadian real estate, five Coldwell Banker Canada agents have earned spots on the 2025 Coldwell Banker 30 Under 30 list, an international honour recognizing the most promising young professionals in the global Coldwell Banker® network. This marks a strong Canadian showing and underscores both individual excellence and a brand-wide shift towards empowering next-generation leaders.
Chosen from a global network of over 100,000 affiliated sales professionals across approximately 2,900 offices in 45 countries and territories, the 30 Under 30 awards celebrate innovation, service, and leadership at an early career stage. The honour also pays tribute to the brand’s founders, Colbert Coldwell and Arthur Banker, who launched the company as young entrepreneurs at just 24 and 28 years old, respectively.
Representing the best of Canada’s next generation of real estate leaders, the 2025 honourees are:
- Reimer, Brody – Coldwell Banker Signature (Saskatoon, SK)
- Butts, Hunter – Coldwell Banker Performance Realty (Amherst, NS)
- Jacyk, Stephen – Coldwell Banker Park Avenue Real Estate (Beausejour, MB)
- Sherninin, Jake – Coldwell Banker Executives Realty (Castlegar, BC)
- Round, Nathan – Coldwell Banker Northern Bestsellers (Yellowknife, NT)
“We couldn’t be prouder of these five Canadian agents and all they have accomplished,” emphasized Karim Kennedy, CEO of Coldwell Banker Canada. “They reflect everything our brand stands for: entrepreneurial spirit, strong community roots, and a genuine commitment to helping people find their way home. Their recognition on the global stage is well deserved and speaks to their leadership, hard work, and the bright future they are helping shape for real estate in Canada.”
Representing regions from Yellowknife to Amherst, this year’s honourees reflect the strength of Coldwell Banker Canada’s national presence and its growing network. Since pivoting back to Canadian ownership in 2021, the company has expanded its footprint and sharpened its focus on supporting agents through modern tools, thoughtful leadership, and a brand vision that reflects Canadian values.
“This recognition captures the energy and direction of where we’re headed,” added Kennedy. “It’s a reflection of the momentum building across our network. It’s about talent choosing Coldwell Banker Canada because we offer something different. Real support, real opportunity, and a real community.”
Coldwell Banker Canada’s legacy, built on professionalism, innovation, and a strong sense of belonging, continues to attract top talent from coast to coast. This year’s 30 Under 30 distinction underscores that the future of real estate is not only bright, it is proudly Canadian.
To view the full list of 2025 30 Under 30 winners, please click here.
About Coldwell Banker Canada
Founded in 1906, Coldwell Banker is the most established residential real estate franchise system in North America. The brand expanded into Canada in 1989 and has since built a legacy of serving the real estate needs of Canadians from coast to coast. In 2021, Coldwell Banker Canada was acquired by Canadian entrepreneurs Steve Houle and Karim Kennedy, who are dedicated to growing the brand’s presence nationally. For more information, visit coldwellbanker.ca/franchising.
Media Contact:
Amber Coyle
Fraction Collective
Coldwell Banker Peter Benninger Realty Celebrates 40 Years in Real Estate
Coldwell Banker Peter Benninger Realty Celebrates 40 Years of Excellence in Kitchener-Waterloo
2025 marks a milestone for one of Ontario’s most respected real estate brokerages: Coldwell Banker Peter Benninger Realty is celebrating 40 years of service, leadership, and community impact in the Kitchener-Waterloo region.
Founded in 1985 by visionary entrepreneur Peter Benninger, the brokerage has grown from a small local office to a full-service, multi-division team of over 100 professionals, serving residential, commercial, and relocation clients with dedication and innovation.
A Vision That Endures
Peter Benninger set out with a belief that has stood the test of time: real estate is built on trust. In 1992, the brokerage became part of the Coldwell Banker global network, bringing international resources to a business rooted in local relationships. “Access to information has changed, but the need for sound advice hasn’t,” Peter explains. “Buyers and sellers still want a trusted advisor to guide them through life’s biggest decisions.” That trusted advisor model has remained at the heart of the brokerage’s identity for four decades.
Innovation That Enhances Service
Coldwell Banker Peter Benninger Realty has consistently embraced innovation to improve the real estate experience. From adopting digital marketing early on to launching a custom-built Real Estate Consumer Centre, the brokerage has continually invested in technology, training, and tools that put clients first. Agents leverage advanced data analytics, virtual tours, and paperless workflows, ensuring that every transaction is handled with care and efficiency.
A Brokerage That Gives Back
At the core of CBPB Realty’s culture is a commitment to community involvement and social responsibility. Over the past 40 years, the brokerage has proudly supported dozens of charitable organizations and community programs, reinforcing the principle that success should benefit everyone.
These community partnerships Include:
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- Habitat for Humanity Waterloo Region- CBPB Realty team members have participated in build days, fundraising drives, and corporate support to help provide safe, affordable housing for families in need.
- KidsAbility- By supporting therapy services and inclusion programming for children with special needs, the brokerage helps improve the lives of some of the region’s youngest and most vulnerable citizens.
- House of Friendship- From food drives to financial donations, the brokerage contributes to this vital organization that provides shelter, addiction recovery, and family support.
- The Food Bank of Waterloo Region- Annual campaigns led by agents and staff bring much-needed support to help fight food insecurity across the region.
Leading the Way in Fire Safety Education
One of the most unique and impactful initiatives led by Coldwell Banker Peter Benninger Realty has been its commitment to fire safety training. Understanding that homeownership comes with responsibilities beyond the sale, the brokerage has partnered with local fire services to educate the public and their own agents on vital home safety practices.
Highlights include:
- Fire extinguisher uses and demonstrations for agents and staff
- Fire evacuation planning tips shared with clients, especially new homeowners
- Support of local awareness events during Fire Prevention Week
This ongoing focus on safety aligns with the brokerage’s broader mission: helping clients not just buy or sell homes, but live securely and confidently in them.
A Culture of Leadership
Many of CBPB Realty’s professionals have spent the bulk of their careers here, drawn by a company culture that values integrity, collaboration, and continuous learning. In recent years, the brokerage has expanded through strategic mergers bringing even more talent under one trusted brand. Their team-first mindset, combined with a strong mentorship culture and professional development programs, continues to attract top talent from across the KW region.
Looking Ahead with Purpose
As Coldwell Banker Peter Benninger Realty enters its fifth decade, it remains laser-focused on what matters: client care, innovation, and community connection.
On behalf of Coldwell Banker Canada, we congratulate Peter Benninger and the entire team at Coldwell Banker Peter Benninger Realty, Brokerage for four outstanding decades of service and for setting the gold standard in real estate and community leadership.
Coldwell Banker Canada Appoints Hashim Arthur as Chief Operating Officer
(St. Albert, AB – May 22, 2025) – Coldwell Banker Canada is proud to announce the appointment of Hashim Arthur as Chief Operating Officer (COO). Arthur previously served as Vice President of Operations and brings over a decade of leadership and operational expertise within the Coldwell Banker network to this elevated role.
Since joining Coldwell Banker Canada, Arthur has held several key leadership positions, including Manager of Affiliate Services, where he led initiatives in technology implementation, training, and franchise engagement. A trusted resource for broker/owners and sales professionals, Arthur has been instrumental in launching platforms that have streamlined operations and enhanced Coldwell Banker’s value to its affiliates. With a background in business management and marketing, and a post-graduate specialization in advertising, Arthur’s approach to operations is rooted in strategic thinking, service excellence, and measurable results. His experience in telecommunications and real estate provides a unique perspective on customer service, change management, and innovation.
“Hashim’s journey is a testament to dedication, capability, and vision,” said Karim Kennedy, CEO of Coldwell Banker Canada. “His experience with both the day-to-day and strategic aspects of our network make him the ideal person to lead our operational strategy and deliver greater value to franchisees nationwide.” Arthur is known for his collaborative leadership style, empowering teams through mentorship, clear communication, and a strong commitment to continuous improvement.
As COO, he will lead national operations, oversee systems integration, and work closely with the executive team to support Coldwell Banker’s franchisees and agents across Canada.
About Coldwell Banker Canada Founded in 1906, Coldwell Banker is the most established residential real estate franchise system in North America. The brand expanded into Canada in 1989 and has since built a legacy of serving the real estate needs of Canadians from coast to coast. In 2021, Coldwell Banker Canada was acquired by Canadian entrepreneurs Steve Houle and Karim Kennedy, who are dedicated to growing the brand’s presence nationally.
For more information, visit coldwellbanker.ca/franchising.
Media Contact:
Dan Richards
Vice-President, Marketing
