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Toronto is a lakeside suburb within the City of Lake Macquarie, Greater Newcastle in New South Wales, Australia, approximately 28 kilometres (17 mi) from Newcastle's central business district and is a commercial hub for the sprawling suburbs on the western shore of the lake. It is one of the major centres in the City of Lake Macquarie.
Ontario College of Art & Design University, commonly known as OCAD University or OCAD, is a public art university located in Toronto, Ontario, Canada. The university's main campus is spread throughout several buildings and facilities within downtown Toronto. The university is a co-educational institution which operates three academic faculties, the Faculty of Art, the Faculty of Arts and Science, and the Faculty of Design. The university also provides continuing education services through its School of Continuing Studies.
A multiple listing service is an organization with a suite of services that real estate brokers use to establish contractual offers of cooperation and compensation and accumulate and disseminate information to enable appraisals. A multiple listing service's database and software is used by real estate brokers in real estate, representing sellers under a listing contract to widely share information about properties with other brokers who may represent potential buyers or wish to work with a seller's broker in finding a buyer for the property or asset. The listing data stored in a multiple listing service's database is the proprietary information of the broker who has obtained a listing agreement with a property's seller.
The National Association of Realtors (NAR) is an American trade association for those who work in the real estate industry. It has over 1.5 million members, making it the largest trade association in the United States including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries. The organization holds a U.S. trademark over the term "Realtor". NAR also functions as a self-regulatory organization for real estate brokerage. The organization is headquartered in Chicago.
A real estate agent, referred to often as a real estate broker, is a person who represents sellers or buyers of real estate or real property. While a broker may work independently, an agent usually works under a licensed broker to represent clients. Brokers and agents are licensed by the state to negotiate sales agreements and manage the documentation required for closing real estate transactions. Buyers and sellers are generally advised to consult a licensed real estate professional for a written definition of an individual state's laws of agency.
Property management is the operation, control, maintenance, and oversight of real estate and physical property. This can include residential, commercial, and land real estate. Management indicates the need for real estate to be cared for and monitored, with accountability for and attention to its useful life and condition. This is much akin to the role of management in any business.
Tyndale University is a Canadian private interdenominational evangelical Christian university in Toronto, Ontario, which offers undergraduate and graduate programs. Tyndale students come from over 40 different Christian denominations.
The Peel District School Board is a school district that serves approximately 153,000 kindergarten to grade 12 students at more than 259 schools in the Region of Peel in Ontario, immediately to the west of Toronto.
Move, Inc. is a real estate listing company based in Santa Clara, California. The company operates the Move Network of real estate websites, the largest of which is Realtor.com. Move has a longstanding partnership with the National Association of Realtors, the real estate industry's largest trade association, for operating Realtor.com.
The Ontario Real Estate Association (OREA) is a professional association that represents real estate brokers and salespeople who are members of Ontario's real estate boards. It has its headquarters at 15 Kern Road in Toronto.
Right at Home Realty is an Ontario real estate brokerage with close to 6,000 sales representatives serving the Greater Toronto Area. The company was founded in 2004 by Arthur Bartram, Ronald E. Peddicord, and Howard Drukarsh and is a multi-office, non-franchise, corporately-run Canadian company.
The REALTORS Association of Hamilton-Burlington (RAHB) is the 3rd largest real estate board in Ontario and the 8th largest in Canada, representing over 2900 members in Hamilton, Burlington and surrounding areas.
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.
The Ottawa Real Estate Board (OREB) is a non-profit professional association of registered real estate brokers and salespeople in the Ottawa, Canada area. OREB was formed in 1919 and incorporated in 1921. In 1982, the name was changed to 'Real Estate Board of Ottawa-Carleton', and was changed back to the 'Ottawa Real Estate Board' in 2000.
Realtor.com is a real estate listings website operated by the News Corp subsidiary Move, Inc. and based in Santa Clara, California. It is the second most visited real estate listings website in the United States as of 2021, with over 100 million monthly active users. The site launched as the Realtor Information Network in 1995, serving as a closed network for members of the National Association of Realtors. It relaunched in 1996 as a public website displaying property listings. Since then, Realtor.com claims to be the largest real estate website in the United States, and in 2016 was valued at $2.5 billion by Morgan Stanley.
Purplebricks Canada is a Canada-based real estate brokerage and a subsidiary of Desjardins Group.
Sathiyasangaree "Gary" Anandasangaree is a Tamil Canadian politician of Tamil origin and a lawyer who currently serves as the Minister of Crown–Indigenous Relations as of 2023. He is the second Canadian federal minister of Tamil descent to hold office, following Anita Anand. He was elected to represent the riding of Scarborough—Rouge Park in the House of Commons in the 2015 federal election.
The Canadian property bubble refers to a significant rise in Canadian real estate prices from 2002 to present which some observers have called a real estate bubble. The Dallas Federal reserve rated Canadian real estate as "exuberant" beginning in 2003. From 2003 to 2018, Canada saw an increase in home and property prices of up to 337% in some cities. In 2016, the OECD warned that Canada's financial stability was at risk due to elevated housing prices, investment and household debt. By 2018, home-owning costs were above 1990 levels when Canada saw its last housing bubble burst. Bloomberg Economics ranked Canada as the second largest housing bubble across the OECD in 2019 and 2021. Toronto scored the highest in the world in Swiss bank UBS' real estate bubble index in 2022, with Vancouver also scoring among the 10 riskiest cities in the world. By 2023 Canada’s nonfinancial debt exceeded 300% of GDP and household debt surpassed 100% of GDP, both higher than the levels seen in the United States before the 2008 global financial crisis.
References
- 1 2 "Who We Are". trreb.ca. Retrieved 19 August 2020.
- ↑ OpenStreetMap contributors (19 August 2020). "Toronto Regional Real Estate Board" (Map). OpenStreetMap. Retrieved 19 August 2020.
{{cite map}}:|author=has generic name (help) - 1 2 "Announcing New Look, Name and Future of The Toronto Regional Real Estate Board" (PDF). TRREB. January 27, 2020. Retrieved August 18, 2020.
- 1 2 3 Channel, TRREB (September 2, 2016). "TREB History" – via Vimeo.
- ↑ "Toronto real estate board dropping 'master bedroom' term". CBC. April 14, 2021.
- ↑ "RECO | Real Estate Council of Ontario". RECO Website.
- ↑ Archived February 28, 2009, at the Wayback Machine