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Realtor.ca to Become For-Profit Platform

Realtor.ca to Become For-Profit Platform

by Phil Hall | Oct 24, 2024 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

The membership of the Canadian Real Estate Association’s (CREA) has voted to transition Realtor.ca into a for-profit subsidiary of the organization. Realtor.ca holds a 50% market share in Canada. According to CREA, Realtor.ca will now be able to pursue new revenue...
Competition Bureau Begins Probe into Canadian Real Estate Association

Competition Bureau Begins Probe into Canadian Real Estate Association

by Phil Hall | Oct 3, 2024 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

The Competition Bureau, the independent law enforcement agency in charge of regulating competition in Canada, has obtained a court order to advance its investigation into potential anti-competitive conduct by the Canadian Real Estate Association (CREA) related to...
Canadian Home Sales Down in August

Canadian Home Sales Down in August

by Phil Hall | Sep 18, 2023 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

Canada’s home sales were down by 4.1% month-over-month in August, according to data from the Canadian Real Estate Association (CREA). On a year-over-year basis, sales were up but up 5.3%. The number of newly listed properties edged up 0.8% month-over-month while the...

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