1
General / Re: The impact of the Toronto Real Estate Board Supreme Court Decision This Week.
« on: November 19, 2018, 07:55:58 PM »this sarms for bulking benefits list is amazing and the TREB is a private organization owned by it's members who pay dues to develop and maintain this system of compiling sales info for use by these members in their day to day business .for the tribunal to say this must be made public is no different than demanding that a private corporation publish their balance sheet or trade secrets and formulas it makes no sense ,not that the info is private (other than the issue of the privacy act) it is the format and the compiling to a easy to use format. all of the mls sales information has always be accessable to anyone through the registry teranet or it's subscription partner geowarehouse however folks feel entitled to get all this for free even though the TREB members are paying the tab.
The issue of rising prices is all supply and demand goverment policy has made finding a building lot in many areas of the province impossible and the shortage a trades means that they can charge what they want, meaning the cost of new house suppy will go up and bring existing housing with it (as Dave said the tide raises all boats ) demand will only decline when interest charges are not affordable or there is a surplus on the supply end
Is the market acting like people were predicting? Is there a decline?