NEWS
06/03/2016 15:08 EDT | Updated 06/04/2017 01:12 EDT

Toronto Real Estate Board must lift restrictions on home sales data: tribunal

TORONTO — The Competition Tribunal has ordered Canada's largest real estate board to give its realtor members access to more home sales data, which they could share with the public online.

The tribunal says the Toronto Real Estate Board must include in its home sales data feed information it currently does not disclose, including sales figures, pending sales and broker commissions.

In its decision, the tribunal says realtor members would be allowed to post that information on their websites, as long as users are required to register to access it.

TREB has been given 60 days to make the changes.

It did not immediately respond to requests for comment.