Real Estate in the News

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

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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.

Housing sales in Toronto strong in all market segments
Toronto residents continue to pay eye-popping prices to gain a toehold in their preferred patch – whether they favour a townhouse in Kensington Market or a château in the suburbs, Globe Real Estate’s exclusive fall home value survey confirms. Also read “Toronto buyers tread cautiously into fall housing market“.

CMHC to look at foreign ownership
Canada’s national housing agency will be taking the initiative to bolster data on foreign buyers of Canadian real estate, according to an internal memo obtained by The Canadian Press.

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