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In this episode, the Competitors Bureau examines the Canadian Real Estate Association's commission practices. With CREA's commission rules under analysis, are homebuyers getting a reasonable offer? We'll dive deep into what this indicates for the property market and whether it could result in more savings or simply more sound for homebuyers and sellers.
Also in this episode:
Rate cuts may provide relief for home loan renewals, but how much will they really assist? We break down the current forecasts from economists.
High house rates continue to keep homeownership out of reach. Even with falling rates of interest, will price ever enhance?
✈ The Bureau targets Air Canada and WestJet in a brand-new probe into airline competition. Could this result in more affordable flights and better service for travelers?
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Its hard times, but you make it seem like there’s clarity at the end of the tunel. Thanks for the video Marc!!!
Was waiting for this to happen after the lawsuit in the USA…
Me too. Long overdue.
Thanks Marc for the updates.
I spent the whole summer searching for a house (sealed a deal after about 7 weeks)… the only noticeable improvement I’ve seen is that “project” houses are staying on the market and prices for those are dropping like a rock. “turn key” houses are still ridiculous bid magnets… but for 1 offering that is getting 12 bids, 3 are getting none or very low ball. Cost of renovations are creating a big gap between “perfect” houses and older houses that were not kept well. It’s not a clear buyer’s market but it is finally returning to a more balanced market, and if you have contacts or you can do a lot manually, it’s finally possible to negotiate and get a good price.