Competition Bureau says it’s probing whether landlords are using AI to set rents
The Competition Bureau has confirmed it’s investigating the possible use of AI-driven algorithmic pricing in Canadian real estate rental markets.
The practice involves real estate companies using programs that track what competitors are charging for rent and leases.
An American antitrust lawsuit alleges companies are using this software to collude and artificially inflate rents.
Categories
Recent Posts
Could they create a cosy, colourful home from the shabby semi they bought?
Jason Miles' addiction cost $260,000 in emergency room, shelter and jail stays. A Toronto hospital’s radical solution: just give him a home
B.C. industry hopes to create a model for modular housing across Canada
Regent Park condo lands buyer after steady price cuts
Housing advocates protest Vancouver’s densification plan, the Home of the Week and more top real estate stories
Seven offers for Don Valley condo collapse before one finally sticks
Open-concept Port Moody penthouse with view of Burrard Inlet sells over asking
Toronto area home prices have now fallen 20% from market peak — but sales are starting to pick up
Toronto home sales rose 8.5% in September as prices decline
Home of the Week: A heritage Rosedale site gets a condo makeover
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "