Real Estate Roundup October 29th, 2010

John Pasalis in Real Estate Roundup


Canada's New MLS Rules

CREA's decision to vote in favour of the deal reached with the Competition Bureau was the big real estate news this week.  You can read my thoughts on the potential impact of this agreement here

According to the Globe and Mail the battle between CREA and the Competition Bureau may not be over. At issue is whether or not sellers opting to work with flat fee brokerages will have access to data that is normally only available to realtors, including days on market figures and sale prices for sold properties.  


New fight over MLS may be on horizon (Globe and Mail)

Realtors ratify deal to give consumers wider choice of services (Globe and Mail)

Real estate deal opens up closed shop (Globe and Mail)

What the parties have to say (Globe and Mail)

Housing deal eliminates finders’ fees (CTV)

Buyers shouldn't expect big real estate changes (CTV)

CREA cartel not broken yet (Calgary Herald)

How to go? Full service realtor or discount broker (Toronto Star)

Deal means cheaper real estate fees (Toronto Star)


Canadian House Prices Up 10%

Home prices rise 10 per cent in August (CTV)

Canada Teranet home price index edges up in August (Reuters)


Other Real Estate and Neighbourhood News

How realtors gauge the housing market (Globe and Mail)

Condos on the market: Downtown East (Toronto Star)

Boomers still have mortgages, delaying retirement (Toronto Star)

Study says Canadian house prices overvalued by 23.9% (Globe and Mail)

New ‘town’ to replace Buttonville Airport (Toronto Star)

Bloordale: A vintage draw for first-time buyers (Globe and Mail)

Leslieville gets some welcome good news (Toronto Star)

John Pasalis is the Broker Owner of Realosophy Realty Inc in Toronto. Realosophy focuses on researching Toronto neighbourhoods to help their clients make smarter real estate decisions. Email John

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