trebadmin
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TRREB: The Building Homes, Infrastructure Act and Development Charges Reduction Commitment are Significant Steps to Boost Housing Supply and Affordability
At a time of significant economic uncertainty and declining housing starts, the Toronto Regional Real Estate Board (TRREB) welcomes the Province of Ontario’s introduction of the Building Homes and Improving Transportation Infrastructure Act, as another step toward addressing the Province’s housing supply and infrastructure challenges. TRREB is particularly encouraged by the legislation’s focus on removing regulatory…
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TRREB Welcomes Canada-Ontario Development Charge Reduction Commitment
At a time of ongoing housing affordability challenges and broader economic uncertainty, the Toronto Regional Real Estate Board (TRREB) welcomes the signing of the Canada–Ontario Partnership to Build, which introduces a new commitment to reduce municipal development charges. Development charges amount to up to 20 per cent of a home’s purchase price. TRREB has relentlessly advocated…
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TRREB REALTOR® QUEST Keynote Spotlight: Michelle Obama
TRREB REALTOR® QUEST 2026 is set to deliver one of its most inspiring keynote moments to date. Taking place Wednesday, May 13 and Thursday, May 14, 2026, at the Toronto Congress Centre, Canada’s largest TRREB REALTOR® QUEST and trade show returns with the theme Beyond Business: Igniting Real Connections. This year, attendees will hear from former First Lady Michelle Obama, a global voice on…
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HST Elimination for all Buyers of New Housing is a Major Step Forward
The Toronto Regional Real Estate Board (TRREB) welcomes today’s announcement from the Government of Ontario and Federal Government to extend the elimination of the 13 per cent HST from first-time buyers to now include all buyers of new homes valued up to $1.5 million. The rebate will be capped at $130,000 and reduced further for…
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Advocacy Update: Submissions on Supply and Affordability to York Region and Whitchurch-Stouffville
TRREB has weighed in with more solutions to support housing supply and affordability in key areas of our region. Lower Development Charges in York Region TRREB responded to York Region Council’s announced proposed development charge rate changes, which include minor decreases for residential units. We welcome any reduction in development charges, which can add over…
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TRREB Submission on Proposals to Regulate Criminal Activities on Rented Premises
TRREB recently submitted comments to the Ontario Solicitor General on proposals to regulate criminal activity on rented premises for both residential and commercial properties under the Measures Respecting Premises with Illegal Drug Activity Act, 2025. While TRREB supports efforts to address illegal drug production and improve community safety, we emphasized that any regulatory framework must avoid…
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Advocacy Update: TRREB Delivers 2026 Budget Submissions Across Key Municipalities
TRREB submitted pre-budget recommendations for 2026 to municipalities and regions across the Greater Toronto Area (GTA) and Simcoe, including Toronto, Peel Region, York Region, Brampton, Mississauga, Richmond Hill, Markham, Vaughan, Newmarket, Simcoe County, and Barrie. These submissions draw on TRREB’s extensive market expertise to address the ongoing housing supply and affordability challenges. They emphasize bold,…
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Uptick in GTA Home Sales Expected in Second Half of Year
Greater Toronto Area (GTA) resale housing market conditions tightened in February 2026 compared to February 2025. While sales were down year-over-year, new listings declined by a greater annual rate. The dip in new listings is in line with recent polling results from Ipsos which show listing intentions are down for 2026. “Many would-be homebuyers are…
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TRREB Scholarship Applications Now Open: Eight Awards Available
Each year, TRREB provides scholarships to high school students pursuing post-secondary studies. Students can apply for one of eight awards: two valued at $5,000 for first place, two at $2,500 for second place, two at $2,000 for third place, and two at $1,500 for fourth place. Over the years, eighty-one deserving students have received scholarships through the TRREB Past President’s Scholarship program.…
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Ontario‘s Housing Sector Calls on the Federal and Ontario Governments to Act Now with Targeted Action on Housing
Ontario and Canada remain in the grip of a housing crisis that is increasingly defined not only by insufficient supply of the housing that is needed, but also by a decline in confidence across the housing ecosystem. While governments and industry have made meaningful progress on planning reform, funding programs, and streamlining approvals, housing delivery…
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GTA Home Sales and Prices Expected to Remain Stable in 2026 Amid Ongoing Affordability Pressures
TRREB Releases Highly-Anticipated 2026 Market Outlook and Year in Review Report The Toronto Regional Real Estate Board’s (TRREB) 2026 Market Outlook and Year in Review report highlights a housing market shaped by improved buyer choice and affordability, alongside cautious consumer sentiment across the Greater Toronto Area (GTA). The report finds that elevated supply levels are expected to…
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New Ipsos Polling Highlights Growing Housing Affordability Pressures Across GTA Communities
The Toronto Regional Real Estate Board (TRREB) is issuing five local housing affordability updates based on new Ipsos polling of Greater Toronto Area (GTA) and Simcoe residents. The findings point to rising concern about housing costs, strong public support for measures to lower government-driven housing costs, and growing urgency to accelerate the delivery of attainable…