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Regarding Ross Kay, who has accused CREB of posting misleading statistics, by Ann-Marie Lurie:
One outspoken critic of organized real estate recently wrote a blog in which he questioned the integrity of the data at some real estate boards in Canada, including CREB®’s.
If you hear questions from the public about this matter, CREB® would like to assure you that there is no significant double-reporting of sales in our MLS® System, nor is there any distortion of data involving the reporting of so-called “private sales”, as the blog’s author referred to them.
“There is no such thing as a ‘private sale’ in the MLS® System – all sales are recorded and treated equally,” says Ann-Marie Lurie, CREB®’s chief economist.
If you have any questions about the data on CREB®’s MLS® System, please contact Ann-Marie at: ann-marie.lurie@creb.ca. http://www.creblink.com/crebtalk/Articles/2013/September/CREB_MLS_System_database/
Poor OLD gartho – WRONG AGAIN
Maybe he should write a book called – Do the opposite of what I say and get RICH.
No RE collapse
No interest rates skyrocketing
No end to QE
No double and triple reporting of house sales
Honest hard working people have lost $100’s of thousands by listening to that clown.
Sad
Pretty soon he start chirping the bottom is in – BUY BUY BUY
What a goof!