Skip to main content
The Globe and Mail
Support Quality Journalism.
The Globe and Mail
First Access to Latest
Investment News
Collection of curated
e-books and guides
Inform your decisions via
Globe Investor Tools
Just$1.99
per week
for first 24 weeks

Enjoy unlimited digital access
Enjoy Unlimited Digital Access
Get full access to globeandmail.com
Just $1.99 per week for the first 24 weeks
Just $1.99 per week for the first 24 weeks
var select={root:".js-sub-pencil",control:".js-sub-pencil-control",open:"o-sub-pencil--open",closed:"o-sub-pencil--closed"},dom={},allowExpand=!0;function pencilInit(o){var e=arguments.length>1&&void 0!==arguments[1]&&arguments[1];select.root=o,dom.root=document.querySelector(select.root),dom.root&&(dom.control=document.querySelector(select.control),dom.control.addEventListener("click",onToggleClicked),setPanelState(e),window.addEventListener("scroll",onWindowScroll),dom.root.removeAttribute("hidden"))}function isPanelOpen(){return dom.root.classList.contains(select.open)}function setPanelState(o){dom.root.classList[o?"add":"remove"](select.open),dom.root.classList[o?"remove":"add"](select.closed),dom.control.setAttribute("aria-expanded",o)}function onToggleClicked(){var l=!isPanelOpen();setPanelState(l)}function onWindowScroll(){window.requestAnimationFrame(function() {var l=isPanelOpen(),n=0===(document.body.scrollTop||document.documentElement.scrollTop);n||l||!allowExpand?n&&l&&(allowExpand=!0,setPanelState(!1)):(allowExpand=!1,setPanelState(!0))});}pencilInit(".js-sub-pencil",!1); // via darwin-bg var slideIndex = 0; carousel(); function carousel() { var i; var x = document.getElementsByClassName("subs_valueprop"); for (i = 0; i < x.length; i++) { x[i].style.display = "none"; } slideIndex++; if (slideIndex> x.length) { slideIndex = 1; } x[slideIndex - 1].style.display = "block"; setTimeout(carousel, 2500); } //

A "For Sale" sign stands in front of a home that has been sold in Toronto, Canada, June 29, 2015. REUTERS/Mark Blinch

Mark Blinch/Reuters

Canada's largest real estate board must give its realtor members access to more home sales data, which they could share with the public online, the Competition Tribunal said Friday.

The tribunal said the Toronto Real Estate Board must include in its home sales data feed information it currently does not disclose, including sales figures, pending sales and broker commissions. Member realtors can also request access to archived data.

In its decision, the tribunal said realtor members would be allowed to post that information on their websites, as long as users are required to register to access it. Sellers would be permitted to opt out of having their addresses and listings posted online.

Story continues below advertisement

TREB has been given 60 days to make the changes. It did not immediately respond to requests for comment.

The matter is ongoing, however. The Competition Bureau said Friday the competition commissioner has been served with a notice of appeal by TREB, alleging that the tribunal erred when it ruled in favour of the bureau earlier this year.

One realtor said under Friday's decision, some uncertainty remains as to what they can do with the data.

TREB may limit its members to only use the data "directly related to the business of providing residential real estate brokerage services," the tribunal wrote in the decision.

"That's pretty ambiguous, actually," said Ara Mamourian, broker and owner of Toronto's Spring Realty Inc., adding that it doesn't differ much from the status quo.

Currently, realtors are prohibited from sharing home sales data with anyone who hasn't signed a representation agreement with them to either purchase a home or list their property, Mamourian said.

The wording of the tribunal's decision makes it appear that may remain the case, he said. But he will take the ruling as a green light to once again start posting home sales information on his website, he added.

Story continues below advertisement

TREB must also pay more than $1.8-million in legal costs within the next 30 days. If it decides to pass those costs to its realtor members, it must do so equally, the tribunal said.

The order comes after the tribunal concluded in April that TREB prevented competition and stifled digital innovation by prohibiting its realtor members from posting sales data online.

All of the affected parties – the Competition Bureau, TREB and the Canadian Real Estate Association, which has intervenor status in the case – were permitted to make submissions.

The case has been ongoing since 2011, when the competition commissioner filed an application with the tribunal challenging restrictions that TREB imposed on its members.

Report an error
Due to technical reasons, we have temporarily removed commenting from our articles. We hope to have this fixed soon. Thank you for your patience. If you are looking to give feedback on our new site, please send it along to feedback@globeandmail.com. If you want to write a letter to the editor, please forward to letters@globeandmail.com.

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff.

We aim to create a safe and valuable space for discussion and debate. That means:

  • Treat others as you wish to be treated
  • Criticize ideas, not people
  • Stay on topic
  • Avoid the use of toxic and offensive language
  • Flag bad behaviour

If you do not see your comment posted immediately, it is being reviewed by the moderation team and may appear shortly, generally within an hour.

We aim to have all comments reviewed in a timely manner.

Comments that violate our community guidelines will not be posted.

UPDATED: Read our community guidelines here

Discussion loading ...

To view this site properly, enable cookies in your browser. Read our privacy policy to learn more.
How to enable cookies