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Canada’s real estate bubble didn’t quietly deflate — it’s starting to unravel.
Agent counts are falling. Legal costs are ramping up. Regulators are circling. From special assessments and rising membership dues to Competition Bureau investigations and enforcement actions, the financial strain on the industry is mounting fast.

Shrinking realtor ranks, ballooning legal fees, regulatory crackdowns, this cycle mirrors previous housing busts in the U.S., Japan, and beyond.
When bubbles pop, the pattern is familiar — rapid expansion, bad behaviour, denial… then consequences.

#CanadianRealEstateCrash #canadianhousingmarket #torontorealestate

Real estate agents caught breaking the law on hidden camera (Marketplace):

   • Real estate agents caught breaking the law...  

Mortgage fraud caught on camera: Undercover investigation (Marketplace):

   • Mortgage fraud caught on camera: Undercove...  

Re/Max Holdings agent ranks shrink in 2025 as housing slump drags on:

https://realestatemagazine.ca/re-max-...

Greater Vancouver Realtors targeted in Competition Bureau investigation:

https://realestatemagazine.ca/greater...

RECO takes regulatory action against Royal Key Brokerage:

https://www.reco.on.ca/news/reco-take...

CREA looks to raise dues to offset shrinking membership, mounting legal costs:

https://realestatemagazine.ca/crea-lo...

Everything Your Clients Need to Know About the Role of a Co-Signer:

https://www.crea.ca/cafe/everything-y...

Buying a Home with Family Help Without Wrecking Relationships:

https://blog.remax.ca/buying-a-home-w...

An exodus of 45,000 Ontario real estate workers has hit the industry since the slowdown — but some say Toronto still has too many agents:

https://www.thestar.com/real-estate/a...

Keeping Tabs on NAR Membership:

https://www.nar.realtor/magazine/real...

NAR membership flirting with 1 million mark:

https://www.inman.com/wire/nar-member...

Legal battle over real estate commissions goes national with second class-action claim:

https://financialpost.com/real-estate...

Competition Bureau expands its investigation of real estate commission rules to include Greater Vancouver REALTORS®:

https://www.canada.ca/en/competition-...

CREA members reject $75 special assessment amid rising legal costs:

https://realestatemagazine.ca/crea-me...

Justice Department Announces Settlement with the National Association of Realtors:

https://www.justice.gov/archive/opa/p...

A Timeline Of Events In The Ongoing $10M iPro Realty-RECO Scandal:

https://storeys.com/timeline-ipro-rea...

Real Estate Council of Ontario suspends four Save Max brokerages over misappropriated funds:

https://www.theglobeandmail.com/inves...

Realtor Receives 10-Year Prison Sentence in Large-Scale Mortgage Fraud Ring:

https://archives.fbi.gov/archives/bos...

The South Sea Bubble:

https://www.thehistoryoflondon.co.uk/...

The Panic of 1873:

https://www.pbs.org/wgbh/americanexpe...

Mark Mitchell – Mortgage Broker London Ontario
920 Commissioners road east
London, Ontario N5Z 3J1
Phone: (519)860-2102 (Call or Text)
MarkMitchell@LondonOntarioMortgages.ca
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Broker Lic: M16001479
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