We recently announced that, beginning September 12, historical home sale prices will display on REALTOR.ca for listings actively for sale on the Multiple Listing Service (MLS®) System, within set circumstances.  

To learn more about this change, watch this video featuring our CEO, Jeff King.

To help you better understand what’s happening, we’ve developed an FAQ to address your most common questions about this upcoming change.

Historical sale prices will be displayed on all active listings for every sale associated with that address going back as far as our MLS® data exists, excluding the 12 months immediately preceding the listing date. 

So, for example, if a property is listed on August 30, 2022:

• A sale price from January 3, 2022 would not display
• A sale price from August 18, 2021 would display
• A sale price from September 12, 2009 would display

(Note: An August 25 member communication indicated different date ranges for the historical sales prices that will and will not be displayed publicly. Please use the information in this updated article to understand what home sale prices will appear on Realtor.ca.)

The information will appear on a listing’s information page on Realtor.ca, just under the property details, in a section labeled ‘Price History’. You can see it framed in the screenshot below.

According to the Personal Information and Privacy Act, home sale prices are the confidential and personal information of the parties involved in the sale (buyers and sellers). Home sale prices become public information once the sale is registered with the Land Title and Survey Authority of BC (LTSA). This can take anywhere from several weeks to several months depending on the circumstances.

We set this one-year parameter to allow a reasonable period for the transaction to be registered with LTSA.

Once registered with LTSA, home sale prices are public information. The Privacy Notice and Consent (PNC) form does include notice that the boards may publish some information publicly, particularly sale information. 

Your clients consent to this when they sign the required PNC form. We encourage you to discuss these details when reviewing the PNC form with your clients.

Yes, the sale price information will appear on Realtor.ca even if your listing was active before September 12.

No. Only listings actively for sale will display historical home sale prices for that property.

No, this information will only display on residential listings.

In BC, real estate boards in Chilliwack, Northern BC, on Vancouver Island, and across the Okanagan and Interior region already provide this information in their active listings on Realtor.ca. 

Over the past year, we’ve worked with a research firm to identify ways to improve the public perception of REALTORS®. 

This research shows that the public highly values the MLS® System and the guidance and expertise that Realtors provide. At the same time, the public feels our profession lacks transparency when it comes to sharing information that could help them make informed home buying and selling decisions.  

In fact, more than 50 per cent of the public said that they would hold a more positive view of Realtors if we made home price information available.

You can display home sale prices and other information on your website using a Virtual Office Website (VOW). A VOW is a password-protected area of your website where you can allow clients to see active listings, previous home sale prices, pending home sale prices where no conditions remain other than closing, cooperating commissions, and more.

Click here to learn more about setting a VOW up on your website.

Yes, if you or your clients don’t want to make this information available on Realtor.ca, you can opt out. Send us a written request with the listing number and your managing Broker's signature to data@rebgv.org. 

Note that you can't opt out of having specific historical sales information removed – the opt out would remove all the historical sale price information from the listing. If the current seller doesn't want a particular sale price to display, you can only request that no historical sale prices be displayed, as above.