Industry leaders are cautioning agents working Toronto’s west end, warning them about a seemingly ideal client intent on luring them to vacant properties.
Four months after having its hand slapped by TREB, this online brokerage is closing its doors.
Question not a comment. What is "real estate commission proxy"? Thanks
I think they are just saying that the slow down in volumes will result in lower commissions earned by the industry as a whole which will lower GDP. Currently real estate commissions make up a much greater % of GDP than they have on a historical basis.
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