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The Canadian property bubble refers to a significant rise in Canadian real estate prices from 2002 to present (with short periods of falling prices in 2008, 2017, and 2022). The Dallas Federal Reserve rated Canadian real estate as "exuberant" beginning in 2003. [1] From 2003 to 2018, Canada saw an increase in home and property prices of up to ...
Multiple listing service. A multiple listing service (MLS, also multiple listing system or multiple listings service) is an organization with a suite of services that real estate brokers use to establish contractual offers of cooperation and compensation (among brokers) and accumulate and disseminate information to enable appraisals.
The Real Estate Council of Alberta (RECA) regulates the real estate brokerage, mortgage brokerage, property management, and condo management industries in Alberta, Canada. RECA operates on behalf of the Government of Alberta under the authority of the Real Estate Act.[1]
An Internet Data Exchange (IDX, also known as Information Data Exchange[1]) refers to the agreement between listing (Selling) Agents or Brokers and Buyers' Agents to display Multiple Listing Service properties online, across multiple websites (via Real Estate Syndication where the listing Agent/Broker allows a listing to be Syndicated).
Redwood Meadows. Redwood Meadows is a townsite in Alberta, Canada—the only such entity recognized by Alberta Municipal Affairs as of August 2020. [3] Redwood Meadows is unique in that it is partially independent, functioning similar to an incorporated Alberta town. It is different from all other Alberta towns due to:
A municipal district (MD) is the most common form of all rural municipality statuses used in the Canadian province of Alberta.Alberta's municipal districts, most of which are branded as a county (e.g. Yellowhead County, County of Newell, etc.), are predominantly rural areas that may include either farmland, Crown land or a combination of both depending on their geographic location.
Headquarters. Canada. Areas served. Alberta, Manitoba, Ontario (Canada) Services. Real Estate Brokerage. Number of employees. 200. Purplebricks Canada is a Canada-based real estate brokerage and a subsidiary of Desjardins Group.
In a Fifth Estate interview, Calgary-based Michael Brooks—CEO of Real Property Association of Canada (REALPAC), which lobbies the federal government on behalf of Canada's largest commercial real estate companies—said that the private sector was not "primarily in the business of providing a public good," such as affordable housing. [31]
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