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However, after more than two years Toronto’s real estate industry is still struggling to navigate TRREB’s data sharing requirements, with some brokers and third-party operators finding themselves in the board’s compliance crosshairs. Real estate listings site Bungol fell afoul of TRREB in August over an alleged breach of the board's data rules. The home listings search engine said in a Nov. 4 blog post it had lost 95 per cent of its web traffic after TRREB suspended its data access, and now says its future is in "the hands of fate" as it awaits the results of a Dec. 14 professional stan...

Winnipeg Free Press By: Anita Balakrishnan, The Canadian Press Posted: Toronto-area homebuyers could be forgiven in 2016 for assuming the doors had been thrown open to the Toronto Regional Real Estate Board's sales data in the wake of a landmark ruling by the Competition Tribunal. A real estate sold sign is shown in a Toronto west end neighbourhood May 16, 2020. THE CANADIAN PRESS/Graeme Roy Toronto-area homebuyers could be forgiven in 2016 for assuming the doors had been thrown open to the Toronto Reg...

Anita Balakrishnan A real estate sold sign is shown in a Toronto west end neighbourhood May 16, 2020. THE CANADIAN PRESS/Graeme Roy December 29, 2020 - 11:01 AM Toronto-area homebuyers could be forgiven in 2016 for assuming the doors had been thrown open to the Toronto Regional Real Estate Board's sales data in the wake of a landmark ruling by the Competition Tribunal. After appeals by TRREB to overturn the ruling — which found that the board's restrictions on data use were anti-competitive — were turned down by the Federal Court of Appeal and Supreme Cou...

"Those low interest rates means they now have the money to get those extra luxuries."  Those who don't want to move or can't afford to do so, are considering other options like upgrading their current home or adding an extension. The Municipal Property Assessment Corporation (MPAC), an organization that assesses and classifies the value of all properties in Ontario found that this year more people were renovating their homes.  Renovations up across Ontario  "With people spending more time at home... we saw a 28% increase in the number of renovation permits this year as people invested in ...

National foreign buyer tax may have unintended consequences: Experts Stephanie Hughes, BNN Bloomberg VIDEO SIGN OUT When the Liberal government proposed the foreign homebuyer tax in its fiscal update last month as part of a plan to lower home prices, it drew skepticism from observers who say the policy would fall short in addressing housing affordability. It is also drawing criticism from some experts who argue that the proposed tax, for which the federal Liberals did not provide specific details, will get in the way of economic activity and housing supply growth. Andrey Pavlov, profe...