Finding Toronto Real Estate Data is about to get Very Easy!

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In April 2016 Canada’s Competition Tribunal had ruled that the Toronto Real Estate Board was preventing competition and stifled digital innovation by prohibiting its Realtor members from posting their sales data online.



Now Toronto home owners and house-hunters are one step closer to finding out how much a house in their area is sold for online, which eliminates the need to meet personally with a real estate agent.

The court ruled that the Toronto Real Estate Board cannot stop its members from publishing details about how much proprieties are sold for and that there are no privacy concerns that should even restrict its publication.

“It paves the way for much needed innovation in the real estate industry”

Commissioner of Competition ,John Pecman, says that this ruling is not only an important win for competition but also very important for consumers.

 Information taken from: https://www.thestar.com/business/real_estate/2017/12/01/top-court-to-rule-on-whether-toronto-real-estate-board-must-share-detailed-home-prices.html

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