Commission chaos headed for Canada as watchdog probes rules

The inquiry is reminiscent of investigations and lawsuits that have engulfed the industry’s biggest players in the U.S. in recent years, and it includes a review of multiple policies that are similar to those under scrutiny in the U.S. Continue reading

Canada easing mortgage terms for first-time new homebuyers

Changes set to take effect Aug. 1 are part of an ambitious plan to boost housing construction by 2 million and help renters save up for a down payment. Continue reading

Canada’s version of the bombshell commission lawsuit gets serious

A judge struck down claims that defendants conspired to “fix,” “maintain” and “increase” prices for buyer brokerage services, but allowed claims they sought to “control” prices to proceed. Continue reading

Redlining, steering, misogyny and fear: How the industry lost its way

“Our original mission was to provide shelter and security to our communities,” writes Teri Conrad, a 16-year industry vet. “But somewhere along the way, we got lost in pursuing wealth and power.” Continue reading

National Association of Realtors’ Canadian twin is betting big on tech

The Canadian Real Estate Association, which owns and controls Canada’s most popular listing site, is spinning off into a tech company. Ex-CREA Chair Cliff Stevenson shared what’s in store. Continue reading