Canadian Real Estate Association Under Investigation for Potential Anti-Competitive Practices

The Competition Bureau has obtained a court order to examine CREA's commission rules and Realtor Cooperation Policy for possible impacts on market competition.

The Competition Bureau is investigating whether CREA's commission rules discourage realtors from offering lower commission rates, potentially raising costs for buyers and sellers.
A Federal Court order requires CREA to provide documents and information relevant to the Bureau's ongoing investigation.
The investigation also examines if CREA's Realtor Cooperation Policy hinders competition from alternative listing services and smaller brokerages.
CREA represents over 160,000 real estate professionals in Canada, making it one of the largest single-industry associations in the country.
The Bureau is inviting public feedback on real estate commissions and CREA's policies, with submissions open until November 6, 2024.