The real estate start-up that pledged to buy your home at a guaranteed price if it didn't sell has shelved that offer.
The company attributes the decision to "unprecedented volatility in the Canadian housing market." And with CREA's national average home price tumbling 25% in 12 months, few will be thunderstruck by this news.
MLN reached out to Properly.ca CEO & Co-Founder Anshul Ruparell to see if there's more to the story than just falling real estate values. More on that below.