Federal appeals court rules TREB must make data public

Last April, the Competition Tribunal ruled the Toronto Real Estate Board prevented competition, stifled digital innovation by prohibiting its realtor members from posting sales data online.

Yesterday the Federal Court of Appeal’s decided to uphold an April 2016 Competition Tribunal ruling.

TREB now says it will seek a Supreme Court of Canada appeal to fight this ruling further dragging out the battle. It says it will also seek an order staying the decision until the outcome of the appeal.

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