Real Estate News

Real Estate News – Week of May 30

Top 5 real estate news stories this week

Top 5 real estate news stories this week:

Watchdog sues Toronto Real Estate Board to open MLS

The federal Competition Bureau is taking TREB to court for uncompetitive behaviour.  TREB has been working cautiously to address the disputed issue, but apparently too slowly for some. Is the Competition Bureau grandstanding?
Toronto Star (Canada Press) – May 27

Nearly half of all Canadians interested in selling homes privately: says poll

While many Canadians would consider selling their homes privately with the advice of a real estate lawyer, few are aware of and understand changes to getting on the Multiple Listing Service® according to an Environics poll.
Canadian Business (The Canadian Press) – May 26

OREA says policy changes would strengthen home ownership

The dream of home ownership is alive and well, but affordability is a concern. OREA is proposing three policy initiatives to help encourage home ownership.
REM Online – May 30 (quoting Barb Sukkau)

Selling Your Own Home: Wisdom and Folly

Because homeowners can now have a willing agent list their homes on the Multiple Listing Service®, doesn’t mean they are experienced in pricing a home accurately, negotiating an offer to receive the best possible price or any of the other services the professionals offer. Are homeowners really saving money by going at it alone?
Ezine Articles – May 25

CMHC: Canadian housing market stabilizing in 2011

Housing starts across Canada are forecast to stabilize at levels consistent with demographic fundamentals in 2011 and 2012.
Exchange Magazine – May 31

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