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Tag: Canadian Real Estate Commissions

Canada

Canadian Real Estate Brokers See A Big Cut In Revenue, Pushing The GDP Sector Lower

July 2, 2021

The Canadian real estate slowdown is becoming a drag on gross domestic product (GDP). Statistics Canada (Stat Can) data shows the GDP sector of real estate, rental and leasing (RERL) fell in April. The decline is the first move lower in five months, due to a drop in revenues at real estate brokerages. That would […]

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Canada

Ka-Ching! Canadian Real Estate Commissions and Fees Now Almost 1% of GDP

June 5, 2021

Canada is really depending on real estate to spackle shut the holes in the economy. Statistics Canada (Stat Can) data shows real estate commissions and fees hit a new high in March. The segment of gross domestic product (GDP) is growing so fast, it’s now a whole point of the country’s output. It also represents […]

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