News Release issued by RossKay.com
Realty Commissions in Canada to Surpass 7 Billion Dollars for 2013
BURLINGTON, Nov. 27, 2013 – Nationally across Canada, provincially licensed real estate practitioners involved in residential sales, will see their business incomes swell to a record 7.4 billion dollars in 2013 on the sale of over 400,000 resale homes by year's end.
Ross Kay Realty Consultants, after completing it's audit of commission earnings in Canada for the resale housing sector, for sales completed year to date mid-November, is announcing it's year end projections publicly for the first time in Canada.
"The average Canadian consumer lacks the understanding of just how important the resale homes sector is to the Canadian economy," says Ross Kay, founder and CEO, Ross Kay Realty Consultants. "We feel that by bringing key financial numbers to the attention of the public, greater awareness and examination in how the players in the resale housing sector operate, will take place."
Audited Commission earnings are part of an expanded RossKay.com website that keeps clients, industry professionals - and now the public – informed on the national real estate market. Commission earnings have traditionally been a closely guarded secret in the real estate industry, as have many other factors relevant to understanding where the real estate market is at any moment in time.
A study completed in 2012 showed
About Ross Kay Realty Consultants
Ross Kay Realty Consultants provides an unbiased and independent review of the resale housing sector in Canada. Ross Kay Realty Consultants offers the only Audited ReSale home data in Canada, consulting services to both real estate professionals and the general public. Ross Kay Realty Consultants is constantly expanding it's offerings to assist it's clients in their acquisition of real estate knowledge.
About Ross Kay.com
Ross Kay is Canada's only expert on the national MLS infrastructure in Canada. Founder and CEO of RossKay.com, Ross uses the knowledge gained from 3 generations of involvement in the resale housing sector to predict trends and provide solutions to many issues faced by those involved in the sector. Credited for identifying the Realty Cycle, Ross Kay assisted in building Canada's only leading indexes tied to the resale housing sector.
SOURCE Ross Kay Realty Consultants
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Disclosure for National Data:
All numbers are Actual and not Seasonally Adjusted. One address is counted only one time. Private for Sales, as determined by Provincial Legislation in each respective province, are not counted. New Homes are not counted. Vacant Land is not counted. Homes on Leased Land are not counted. Rentals are not counted.
National Data and Nationally derived comparisons are not valid to any local market. National Data should not be used by consumers to make any decision for a single geographic location. If you are a consumer and you are considering buying or selling a home, you need access to local information, specific to your circumstances.
PLEASE NOTE: The information contained in this Report is for general informational purposes only. Application of any conclusions drawn from your interpretation of this Report are not recommended without direct oversight by RossKay.com. Background research that is required to substantiate the use of the information in this Report is only available from RossKay.com on a pay for service level.
RossKay.com cautions that some of this information can be useful from an educational standpoint, but does not allow for independent analysis without oversight by RossKay.com. Statistical information contained in this report includes all residential housing types after an audit was completed.
This report and all information supplied by or on RossKay.com are copyright protected and may not be used in any way without prior written approval of RossKay.com.
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owned by The Canadian Real Estate Association and the National Association of REALTORS®
Myth versus Reality about Un-Audited National data.
These comments are strictly tied to the National numbers only.
Myth versus Reality about Un-Audited Regional data.
These comments vary across over 70 Regional Systems, the reality of each system is unique.