Multiple listing service

Competition Bureau reaches agreement to protect real estate competition in the Northwest Territories

Retrieved on: 
Wednesday, November 29, 2023
Competition Tribunal, Competition Bureau, Multiple listing service, The Competition Act, 2002, Competition Act, Commissioner, Property management, Real estate, Bureau, QC

GATINEAU, QC, Nov. 29, 2023 /CNW/ - The Competition Bureau announced today that it has entered into a consent agreement with the Northwest Territories Association of Realtors (NWTAR) to address concerns with its membership practices in the real estate sector.

Key Points: 
  • GATINEAU, QC, Nov. 29, 2023 /CNW/ - The Competition Bureau announced today that it has entered into a consent agreement with the Northwest Territories Association of Realtors (NWTAR) to address concerns with its membership practices in the real estate sector.
  • The Bureau concluded that the NWTAR's conduct was contrary to the abuse of dominance provisions of the Competition Act.
  • NWTAR is a trade association that represents real estate agents and salespeople in the Northwest Territories.
  • A consent agreement has the force and effect of a court order once it is registered with the Competition Tribunal.

Honestdoor shakes up real estate industry with $500 MLS listings for Canadian homeowners

Retrieved on: 
Tuesday, November 21, 2023
Lawyer, MLS, Property, AB, Multiple listing service, Auction, Real estate

With this new service, HonestDoor continues to redefine the real estate industry by offering a unique opportunity for homeowners to take control of their property listings.

Key Points: 
  • With this new service, HonestDoor continues to redefine the real estate industry by offering a unique opportunity for homeowners to take control of their property listings.
  • Homeowners can now list their properties on the MLS network across Canada, with listings that also appear on Realtor.ca, one of the nation's leading real estate platforms, within as little as 24 hours.
  • "Our brokerage service offers a compelling alternative to traditional real estate listings," said Daniel Belostotsky, co-founder and CEO of HonestDoor.
  • With its significant data resources and growing website traffic, HonestDoor is poised to become a prominent player in the online real estate portal industry.

NewHomesMate Expands to Atlanta, Connecting Buyers With the City’s Growing Stock of New Homes

Retrieved on: 
Thursday, October 26, 2023
Interior Design, Architecture, Residential Building & Real Estate, Construction & Property, Urban Planning, Building Systems, PulteGroup, Pressure, Multiple listing service, Face, City, Housing, Property, MLS, United, Real estate, Lennar

With the city’s population having grown by almost two million since 2005, current estimates suggest a shortage of up to 350,000 homes.

Key Points: 
  • With the city’s population having grown by almost two million since 2005, current estimates suggest a shortage of up to 350,000 homes.
  • New construction homes are alleviating some of this pressure, with Atlanta among the United States’ top five cities for new homes built so far in 2023.
  • Likewise, data suggests that nearly a third of all homes sold in the metro Atlanta area in recent months were newly constructed.
  • Operating in 13 markets with up to 97% of the available new home stock listed, NewHomesMate has already assisted over 29,000 buyers in their search.

Texas new home sales decline, yet market remains “strong and steady”

Retrieved on: 
Tuesday, October 24, 2023
Anomaly, United States Department of Commerce, Report, Face, DOM, Realtors Association of Hamilton-Burlington, Commerce Department trade mission controversy, Chocolate liquor, New home sales, Growth, MLS, Multiple listing service, Cryptocurrency, Drug

"The Texas new home market remains strong and steady," said Ben Caballero, America's No.

Key Points: 
  • "The Texas new home market remains strong and steady," said Ben Caballero, America's No.
  • In Texas' top four markets, last month's 3-month moving average new home price was $458,814 versus $460,060 in August.
  • According to the HomesUSA.com New Home Sales Index, the pace of new home sales peaked in three of the four major markets where Days on Market improved.
  • The report features 3-month and 12-month moving averages for six essential market data, including Days on Market, sales volume, sales prices, a sales-to-list price ratio, pending sales, and active listings.

Pike/Wayne Association of REALTORS® joins MLS Grid; taps data delivery and standardization expertise

Retrieved on: 
Friday, October 20, 2023
Multiple listing service, Organization, SALT, Chocolate liquor, MLS, RESO, Real estate

The move makes the Hawley, Pa.-based association the latest to move to MLS Grid in an effort to promote better data delivery to brokers, vendors and consumers.

Key Points: 
  • The move makes the Hawley, Pa.-based association the latest to move to MLS Grid in an effort to promote better data delivery to brokers, vendors and consumers.
  • MLS Grid has a goal of creating marketplace efficiency by streamlining data transfers across real estate markets nationwide and provides standardized vendor licenses.
  • "Real estate thrives on up-to-the-minute information, and our members demand the highest accuracy in data delivery," said Brittany Kinsman, CEO of Pike/Wayne Association of REALTORS®.
  • “We provide tailored assistance to MLSs, such as the Pike/Wayne Association of REALTORS®, and their data users throughout the process,” stated Joseph Szurgyi, CEO of MLS Grid.

Shifting Focus: Single Family Home Sales Drive Canada’s Luxury Market as Consumer Demand Evolves

Retrieved on: 
Wednesday, October 18, 2023
The Conference Board, Multiple listing service, Sale, Four Seasons Private Residences at 706 Mission Street, Assertiveness, Attention, Real estate, Housing, Conference, Recession, Pressure, Face, Season, GTA, City, Environment, MLS, Privacy, Negotiation, Quebec, Outremont, Quebec, Property management, Bottled water, Cryptocurrency, Oil, Greater Toronto Area

TORONTO, Oct. 18, 2023 (GLOBE NEWSWIRE) -- As the country’s housing market continued to wrestle with the challenges of elevated mortgage rates, uneven economic performance and intense geopolitical turbulence, reviving luxury single family home sales in the third quarter of the year revealed the relative resilience and adaptability of luxury real estate buyers, as well as Canadians’ unwavering desire to attain home ownership. According to Sotheby’s International Realty Canada’s Top-Tier Real Estate: Fall 2023 State of Luxury Report, luxury single family home sales in Canada’s largest residential real estate markets renewed in the third quarter of 2023, even as activity in the luxury condominium market tempered, a reflection of changing housing considerations, consumer preferences and financial strategies in light of rising housing prices and carrying costs.

Key Points: 
  • In the month of September, luxury single family home sales moderated, as sales over $4 million fell 26% year-over-year to 14 homes sold.
  • According to Sotheby’s International Realty Canada experts, despite recent sales gains, the city’s luxury single family home market has normalized.
  • GTA luxury single family sales activity in the initial month of fall suggests an active market in the months ahead.
  • Sales activity in Montreal’s luxury single family home market was uneven throughout the summer and hinted at a transition to a more balanced market.

Second-Best September in History for Miami Single-Family Home Dollar Volume

Retrieved on: 
Thursday, October 19, 2023
Sale, Housing, History, Internal Revenue Service, Face, State, Freddie Mac, News, Average revenue per user, Statistics, CoreLogic, REO, City, NAR, Multiple listing service, Partnership, MLS, Beauty, REO Speedwagon, Real estate, Drug, Cryptocurrency, Property management, Citrus

MIAMI, Oct. 19, 2023 /PRNewswire-PRWeb/ -- Miami-Dade County recorded its second-best September for single-family home dollar volume in history as the South Florida real estate market continues to prove its resiliency in the face of the highest mortgage rates in two decades, according to September 2023 statistics released by the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.

Key Points: 
  • Fueled by a 30.8% year-over-year increase in $1 million-and-up transactions, Miami single-family dollar volume totaled $983.2 million in September 2023.
  • September 2023 only trails Miami's September 2021 total for single-family dollar volume ($1.2 billion).
  • Miami existing condo sales decreased 16.7% year-over-year, from 1,309 in September 2022 to 1,090 in September 2023.
  • "The housing market is continuing to adjust to rising mortgage rates and is experiencing bifurcated growth," MIAMI REALTORS® Chief Economist Gay Cororaton said.

TEN Ltd. Celebrates 30 Years Since Inception

Retrieved on: 
Thursday, October 12, 2023
NYSE, Oslo Stock Exchange, Family, Multiple listing service, Employment, LNG, Natural gas, Aframax, Listing, Dunhill International List Company, TEN, History, TNP, Nightclub, Airline

TEN was listed on the Oslo Stock Exchange in 1993 and transferred its listing to the New York Stock Exchange in March 2002.

Key Points: 
  • TEN was listed on the Oslo Stock Exchange in 1993 and transferred its listing to the New York Stock Exchange in March 2002.
  • On October 10, 2023, Dr. Nikolaos P. Tsakos, Founder, CEO and his family hosted a memorable event in New York City along with members of the executive team.
  • TEN Ltd. is the energy transporter of choice for major oil companies and other blue chip global energy concerns.
  • TEN’s focus on fleet modernity, operational excellence and balanced fleet employment has enabled the company to produce strong results throughout the market cycles.

RESIDES CATAPULTS THE VALUE OF MLS DATA CREATING FINANCIALLY-REWARDING BENEFITS FOR ITS OWNER-PARTNERS

Retrieved on: 
Thursday, September 28, 2023
Data management, MLS, Entrepreneur in residence, HEAD, Multiple listing service, Knowledge, Growth, Ecosystem, Development, Broker, Real estate, Renewable energy, Cryptocurrency

HILTON HEAD ISLAND, S.C., Sept. 28, 2023 /PRNewswire/ -- REsides, the first and only MLS to launch an equity-ownership business model that can financially benefits all stakeholders, announced today the launch of DataMetRE, the first-of-its-kind data metering platform for real estate. The cutting-edge model is set to transform the industry by introducing a fair and efficient data-utilization platform, charging vendors exclusively for the data they use while potentially generating revenue back to the broker-owners and shareholders. 

Key Points: 
  • The key benefits of DataMetRE include:
    Usage-Based Billing: With DataMetRE, vendors are billed based on the data, efficiency, and rates at which they consume data.
  • As a trailblazer in the MLS domain, REsides envisions a future where data management is equitable, efficient, and rewards contribution, innovation, and sustainable growth.
  • "We are thrilled to introduce our groundbreaking data metering platform to the Real Estate industry," said Colette Stevenson, CEO at REsides.
  • "It represents a paradigm shift in how data services are charged and consumed, creating a win-win scenario for all stakeholders.

RESO to Anchor Global Real Estate Standards Forum in Paris

Retrieved on: 
Thursday, September 28, 2023
Stellar, MLS, Multiple listing service, International, Policy, CEPI, RESO, Organization, CREA, European, Canadian Real Estate Association, Chocolate liquor, Electrical Engineering Students' European Association, National Association, Real estate, Medical device

RALEIGH, N.C., Sept. 28, 2023 (GLOBE NEWSWIRE) -- Industry leaders who shape practice and policy in more than 32 countries will be in attendance at the International MLS Forum: Global Real Estate Standards at Pullman Montparnasse in Paris, France, December 1–2, 2023 - mlsforum.org .

Key Points: 
  • RALEIGH, N.C., Sept. 28, 2023 (GLOBE NEWSWIRE) -- Industry leaders who shape practice and policy in more than 32 countries will be in attendance at the International MLS Forum: Global Real Estate Standards at Pullman Montparnasse in Paris, France, December 1–2, 2023 - mlsforum.org .
  • Event partners include CEPI, the European Association of Real Estate Professions; local and national real estate associations from across Europe; the Canadian Real Estate Association (CREA); National Association of REALTORS® Global Ambassadors from the European Union and West Asia; and international government officials focused on real estate issues.
  • The featured speakers for the event will be Real Estate Standards Organization (RESO) CEO Sam DeBord, CEPI Director General Guy Valkenborg and President Jan Boruvka, and CREA Vice President and RESO Director, Patrick Pichette.
  • Topics of discussion at the event will include:
    This groundbreaking event is designed for leaders in real estate associations, brokerages, MLSs, and policymaking bodies driving innovation in the international real estate industry.