the pandemic, a sign of how the housing industry has tightened its grip on the economy.
Through October, nearly 500 people had taken the real estate salesperson licensing course in Nova Scotia this year, more than double the The pandemic upended the work lives of millions of Canadians, but jobs in real estate have remained attractive. The housing industry was quick to rebound – and, with home prices rising rapidly, already-hefty commissions got heftier still. Provincial training for realtorsAgents have cashed in. Ownership transfer costs – including real estate commissions and land transfer taxes – vaulted to 3 per cent of gross domestic product earlier this year. The historical average is 1 per cent.
It appears there is plenty of turnover among mortgage agents and brokers, who help buyers secure loans. As of Sept. 30, around 7,300 new mortgage agents had joined the industry in Ontario during the pandemic. But the total number of licensed mortgage agents in the provinceNaween Thomas of Ottawa became a mortgage agent this year. He’s working full time in the industry, but he knows people who have had to keep up side hustles as they’ve tried to establish themselves.
Source: Financial Digest (financialdigest.net)
Real estate agent is barely a “job”.
Housing people is a human right. Why is Canada and the USA so not able to deliver this basic form of shelter and security for the children of North America?
Haaahaahaanxietyovernotenoughsalesforagents!
Great bubble top indicator
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