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Canadian Economy and Markets

🏠 Canadian Real Estate Price Fixing CONSPIRACY Lawsuit, 2024 Canadian Real Estate Market

A major settlement agreement has just been reached in the states which could have a HUGE impact on organized Canadian Real Estate and how commission agreements are made. This is still in its early stages but but changes are coming as soon as July down south and are well underway in Canada. Watch this video to learn more about how it will affect real estate, buyers agents and commission. Of course I share the most recent real estate national data and statistics just released from CREA. Enjoy!

Links/references:

https://www.nar.realtor/newsroom/nar-reaches-agreement-to-resolve-nationwide-claims-brought-by-home-sellers

https://www.crea.ca/media-hub/news/crea-monitoring-to-nar-settlement-announcement/

https://realestatemagazine.ca/crea-industry-face-class-action-suit-allegations-of-anti-competitive-practices-echo-sunderland-claim/

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