Canadian authorities crack down on phantom real estate bids

Discussion in 'North America Real Estate' started by Nicholas Wallwork, Jun 15, 2015.

  1. Nicholas Wallwork

    Nicholas Wallwork Editor-in-Chief Staff Member Premium Member

    It is debatable whether so-called “phantom bids” are a problem in the worldwide real estate market although this has not stopped the Ontario authorities introducing new regulations. Opinion is mixed as to whether the subject of phantom bids needed to be addressed but there is no doubt that they do rear their heads from time [...]

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