Real Estate in the News

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GTA Realtors® Release Monthly Resale Housing Figures
Toronto Real Estate Board President Mark McLean announced that Greater Toronto Area REALTORS® reported 8,804 home sales through TREB’s MLS® System in October 2015. This is the best result on record for the month of October. The MLS® Home Price Index (HPI) Composite Benchmark was up by 10.3 per cent year over year in October. Over ...

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Real Estate in the News

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Real estate news stories that we’ve been following this week.

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TREB is “significantly reducing competition” tribunal told
Day five of the Competition Tribunal hearing between the Commissioner of Competition and the Toronto Real Estate Board (TREB) opened in Ottawa Monday with Chief Justice Paul Crampton advising both sides that the two biggest questions for hearing panel concern substantiality – how much of an impact TREB’s ...

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Real Estate in the News

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Real estate news stories that we’ve been following this week.

Stay up-to-date with all real estate news updated continually on our Facebook page.

Clients want privacy, TREB witness tells Competition Tribunal
The fourth and final day of the Toronto portion of the Competition Tribunal hearing between The Commissioner of Competition and The Toronto Real Estate Board finished with testimony from the only witness TREB introduced during this half of the hearing before it moves to Ottawa next month.

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Real Estate in the News

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Real estate news stories that we’ve been following this week.

Stay up-to-date with all real estate news updated continually on our Facebook page.

Competition Bureau, TREB return to tribunal in home-sales data lawsuit
Starting Monday, Sept. 21 in Toronto, the federal Competition Tribunal is set to rehear a lawsuit brought by the federal Competition Bureau against the Toronto Real Estate Board (TREB) over whether the board is unfairly restricting public access to crucial home-sales data. Also read “ Continue Reading →

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Real Estate in the News

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Real estate news stories that we’ve been following this week.

Stay up-to-date with all real estate news updated continually on our Facebook page.

Toronto real estate board stifling innovation, competition, lawyer tells tribunal
This week the trial continued between the Competition Bureau and the Toronto Real Estate Board. John Rook, a lawyer representing the bureau, says the real estate board is standing between consumers and the data because it fears competition from online startups could spark a price ...

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Real Estate in the News

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Real estate news stories that we’ve been following this week.

Stay up-to-date with all real estate news updated continually on our Facebook page.

GTA Realtors® Release Monthly Resale Housing Figures
“Buyers in the GTA remain confident in their ability to purchase and pay for a home over the long term. They see ownership housing as a quality investment that has historically produced positive returns while at the same time providing owners with a place to live in ...

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Real Estate in the News

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Real estate news stories that we’ve been following this week.

Stay up-to-date with all real estate news updated continually on our Facebook page.

GTA REALTORS® Release Monthly Resale Housing Figures
Toronto Real Estate Board President Mark McLean announced record home sales for the month of July. Greater Toronto Area REALTORS® reported 9,880 sales through TREB’s MLS® System, representing an eight per cent increase compared to July 2014. The number of transactions were up for all major home types, ...

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Real Estate in the News

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Real estate news stories that we’ve been following this week.

Stay up-to-date with all real estate news updated continually on our Facebook page.

GTA Realtors Release Monthly Resale Housing Figures
June 2015 was a record month for home sales in the Greater Toronto Area (up 18.4% for a total of 11,992 homes sold) and the average selling price is up 12.3% to $639.184 over June 2014. Also read “Average Toronto home sale price hits new record“.

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Real Estate in the News

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Real estate news stories that we’ve been following this week.

Poll says many would struggle if mortgage payments rise
Poll finds that a third of homeowners would face financial hardship if their mortgage payments increased by 10%. Also read “Here’s why Canada’s interest rates are going to stay low“.

Fed chair Yellen tells Canadian homeowners to watch out: Don Pittis
The Fed hinted that an interest rate hike may be coming in September. This may cause ...

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Real Estate in the News

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Real estate news stories that we’ve been following this week.

The Bank of Canada Serves Up Its Latest Economic View With A Dash of Hope Sprinkled On Top
Inflation is “near the bottom” of the target range and consistent with the current economy, with the economy remaining in line with current forecasts. Until there is a change in the economy of our trading partner south of the border, fiscal policy will remain unchanged. Also read :”Canada’s economy ...

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