Monday June 8th, 2020
NEXT RE/MAX ROUGE ZOOM CONFERENCE
Tuesday June 9th 10:00am
Friday June 12th 10:00am
As we see more agents returning to the office to work...
please practice physical distancing and wash your hands frequently.

Do not engage in group conversations at the front desk - our staff does not have the option to relocate away from the front desk and you. Please respect the floor markers at reception. 

Send documents via email where possible. Use sanitizer when entering the office. Masks are mandatory for our staff.

We are asking that agents please respect our staff and other agents’ space and as suggested by Canada’s chief public health officer: "If you can’t predict whether you can maintain that two-metre distance, then it’s recommended that you wear a non-medical mask or facial covering” especially when moving through the hallways and common areas.
MAY 2020 MARKET UPDATE

The Toronto Regional Real Estate Board reports GTA home sales experienced a 53.7% decrease over May 2019, however the average sale price for all home types combined was up 3% compared to May 2019 to $863,599.
Hey Under 40s!
You're Invited to the YPN Patio Launch Party on June 11th

Join fellow young professionals on Thursday, June 11th for the official YPN launch party! We'll kick things off with a JUNO Award Winning artist playing some of their top hits live. Next, we invite you to show off some of your hidden talents open mic style and/or give us a virtual tour of your decked out patio!
We’re excited to share our second edition of RE/MAX REPORTS!

Our bi-weekly roundup of North American consumer data and media trends aims to help you make informed and impactful marketing decisions.
CMHC Reviews Underwriting Criteria

Effective July 1, the following changes will apply for new applications for homeowner transactional and portfolio mortgage insurance:
  • Limiting the Gross/Total Debt Servicing (GDS/TDS) ratios to our standard requirements of 35/42;
  • Establish minimum credit score of 680 for at least one borrower; and
  • Non-traditional sources of down payment that increase indebtedness will no longer be treated as equity for insurance purposes.
To further manage the risk to our insurance business, and ultimately taxpayers, during this uncertain time, we have also suspended refinancing for multi-unit mortgage insurance except when the funds are used for repairs or reinvestment in housing. Consultations have begun on the repositioning of our multi-unit mortgage insurance products.
DISPOSABLE MASKS & GLOVES
10 masks + 20 gloves = $20.00
50 masks + 100 gloves = $90
50 masks = $65