Zillow is planning an expansion into Canada, eight months after this US real estate platform first revealing consideration for Canadian listings. Zillow confirmed last week that the company is going to move forward with those plans.
On June 6, Zillow announced it was partnering with Century 21 and would be linked up to a direct feed of the brokerage’s Canadian listings to feed to U.S. home hunters. The two already have a similar partnership stateside.
The first listings are slated to appear on Zillow later this year, but the company says in a statement sent to Toronto Storeys that “we do not have a specific date to share right now.”
The launch date is not the only unknown.
What kind of an effect will Zillow’s arrival have on the Toronto and broader housing market?
Toronto broker Ara Mamourian, a partner at property.ca, suggests the expansion won’t amount to much — at least at first.
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