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In August 2023, the Ontario government announced that it was postponing a provincewide property reassessment as it conducts a new review of the accuracy and fairness of the system. In 2022 alone, MPAC added more than $37.8 billion to municipal rolls across Ontario through its assessments of new construction and renovated properties.
Clients have their home listed on Purplebricks.ca and Realtor.ca through a board’s MLS® system. Purplebricks employs local Realtors who know the local real estate market. These Realtors provide clients with a home evaluation that includes pricing recommendations based on current market analysis of their local area. Clients pay a fee to list ...
The Ontario Association of Real Estate Boards (later renamed the Ontario Real Estate Association) was founded in 1922 to organize real estate activities on a province-wide basis. [citation needed] In 1930, the Ontario government brought into law the Real Estate and Business Brokers Act. The government of Ontario codified and regulated the real ...
Established in 1997, the Real Estate Council of Ontario is a not-for-profit corporation that regulates the trade of real estate in Ontario in the public interest. On behalf of the Government of Ontario , it administers and enforces the Real Estate and Business Brokers Act , 2002 and its regulations.
TRREB currently has over 73,000 Realtor members, [3] the most of any real estate association in Canada. Members of TRREB are licensed by the Real Estate Council of Ontario (RECO) to trade in real estate in Ontario. [6] Members and member offices can be found by using the search function on the home page of its website.
Peterborough is a shopping destination for the region, with three shopping centres: Peterborough Square, Portage Place, and Lansdowne Place. Walmart, Costco, Sobey's and Real Canadian Superstore have large operations in Peterborough, drawing customers from the surrounding area. Sears, in Landsdowne Place, closed in 2018 due to bankruptcy. [47]
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