Nearly 20 years after it was passed, the act governing Ontario’s real estate industry is getting an update. The government introduced the Trust in Real Estate Services Act, 2019 in the Ontario legislature on Tuesday.
With the federal election now in full swing, Realtor associations from Canada’s largest real estate markets have launched a campaign to “make home ownership more accessible to people across the country.”
The Federal Court of Canada has issued an order against the operators of Mongohouse.com for unauthorized access and use of the Toronto Real Estate Board’s (TREB) MLS data, including granting a permanent injunction.
The Building Industry and Land Development Association (BILD) and the Toronto Real Estate Board (TREB) have come together to try and bring some attention to local housing issues in the upcoming Ontario municipal elections.
John DiMichele, CEO of the Toronto Real Estate Board, writes "TREB has never been opposed to any innovation in the real estate marketplace, nor the distribution of property data, particularly the sold price."
REM (Real Estate Magazine) is Canada’s premier monthly magazine for real estate professionals. REALTORS®, real estate agents, sales representatives, brokers, owners, administrators, and other real estate industry stakeholders read REM every month for news, analysis, and commentary on Canadian real estate.
REM is independently owned and operated, and is not affiliated with any real estate association or board.