The Bank of Canada’s decision to pause interest rate hikes after a series of increases throughout 2022 significantly impacted the Canadian real estate market. With interest rates reaching 4.5 per cent in January 2023 and remaining steady since then, Zoocasa has...
The real estate industry has been ripe for change for the past few decades. While virtually every other industry has seen sweeping impacts of technological determinism, Canadian real estate has been slow on the uptake, says William C. Strange, professor of economic...
Rogers Communications has sold the Zoocasa website to a group of real estate and technology investors led by Lauren Haw, a broker at Keller Williams Referred Urban Realty in Toronto. “Zoocasa.com is an important Canadian asset, backed by unique technology and a brand...
The shutdown of Zoocasa should come as no surprise because it was operating with a business model that was unsustainable, say top executives at Canada’s largest real estate brokerages. “We thought (the closure) was inevitable,” says Gurinder Sandhu, executive...
Zoocasa, the Rogers-owned brokerage that began life as a controversial web portal that was successfully sued by Century 21 for scraping listings from its website, and evolved into a referral network of agents, is being shut down. In a statement, the company says,...
