Aug 23, 2018
By Michael Kramer
The Toronto Real Estate Board respects the Supreme Court of Canada’s decision to not hear its appeal – regarding the release of home sales data on password-protected webpages.
The ruling means Greater Toronto Area realtors can now publish home sales data on their websites – and that could have sweeping implications for consumer access to real estate data across the country.
The board was involved in a seven-year court battle – after the Competition Bureau challenged its policy preventing the publication of such information – arguing that it impeded competition and digital innovation.
The TREB says it will be studying the required next steps – to ensure personal financial information of home buyers and sellers will be protected.