With November 22, 2017 formally recognized as National Housing Day, the Toronto Real Estate Board (TREB) is proud to be doing its part to raise awareness of important housing issues.
With the City of Toronto’s Planning and Growth Management Committee holding public hearings, today, on proposals to regulate short-term rental housing accommodations, the Toronto Real Estate Board (TREB) has submitted formal comments on this issue to City Councillors.
Toronto Real Estate Board President Tim Syrianos announced that TREB Commercial Network Members reported 263,420 square feet of combined industrial, commercial/retail and office space leased through TREB’s MLS® System in October 2017. This result was down by 27.7 per cent compared to October 2016. Industrial lease transactions continued to account for the great majority of space leased.
Toronto Real Estate Board President Tim Syrianos reported 7,118 residential sales through TREB’s MLS® System in October 2017. This result represented an above-average increase between September and October of almost 12 per cent, pointing to stronger fall market conditions.