Canada ranks as one of the world's most transparent real estate markets

The country ranked fifth in the JLL Global Real Estate Transparency Index 2024

Canada has been recognized as one of the most transparent real estate markets in the world, according to a new report by JLL.

The country ranked fifth in the JLL Global Real Estate Transparency Index 2024, which assesses openness, integrity, and credibility in real estate markets.

Canada received an overall score of 1.49, with the highest possible score being 1. The report noted that higher transparency fosters trust among buyers and sellers, ensuring fairness in transactions.

The United Kingdom took the top spot on the list with a score of 1.24, followed by France (1.26), the United States (1.34), and Australia (1.37). Canada’s fifth-place ranking tied with the Netherlands, both receiving a score of 1.49.