trebadmin
-
TRREB Statement on Electricity Transmission Line to Toronto
The Toronto Regional Real Estate Board (TRREB) welcomes Minister Lecce’s announcement of the province’s approval of a new underwater electricity transmission line into Toronto, a critical investment that will support housing supply, economic growth, and long-term affordability for residents. By delivering up to 900 MW of additional capacity or power for 900,000 new homes, this…
-
December 2025 Housing Market Charts Available
A series of charts summarizing key residential statistics for the GTA, including an affordability indicator and time series for price, new listings and sales.
-
2025 Ends with More Affordable Market and Paves the Way for Year of Recovery
Annual Greater Toronto Area (GTA) home sales declined in 2025 compared to 2024, as economic uncertainty weighed on consumer confidence. Over the same period, listing inventory remained elevated, allowing for selling prices to be negotiated downward, helping improve affordability. “The GTA housing market became more affordable in 2025 as selling prices and mortgage rates trended…
-
Toronto Residents Say City’s Reliance on Land Transfer Tax Is Fueling the Housing Affordability Crisis
New polling shows growing frustration as Council considers yet another MLTT hike. As Toronto City Council considers a proposal to increase the Municipal Land Transfer Tax (MLTT) on higher-value homes, new Ipsos polling conducted for the Toronto Regional Real Estate Board (TRREB) shows that 416 residents are deeply concerned about housing affordability and believe the…
-
TRREB Recognizes Members for Their Significant Contributions
TRREB is honouring Members whose exceptional dedication and service make a real difference with the David Rossi Committee Service Award and Community Service Awards. Discover this year’s winners and their motivations for volunteering. David Rossi Committee Service Awards Named in honour of longtime TRREB Committee Volunteer and Honourary Life Member David Rossi, this award recognizes the lasting impact of his…
-
Renewed Consumer Confidence Key to Housing Market Recovery
Greater Toronto Area (GTA) home sales, new listings, and average selling price were down compared to a year earlier in November 2024. Intending homebuyers remained on the sidelines awaiting more positive economic news. “There are many GTA households who want to take advantage of lower borrowing costs and more favourable selling prices. What they need…
-
TRREB Statement on Proposed Increase to Toronto’s Land Transfer Tax on Higher Value Homes
Municipal land transfer taxes (MLTTs) hurt the Canadian dream of home ownership by taking thousands of dollars out of home buyers’ pockets. With average home prices in the City of Toronto exceeding $1 million, the Toronto MLTT adds over $17,000 to the upfront closing cost of buying a home. Together, home buyers pay both a…
-
OREA & TRREB Statement: Province’s Intention to Appoint RECO Administrator
“The Ontario Real Estate Association (OREA) and Toronto Regional Real Estate Board (TRREB), representing nearly 100,000 REALTORS®️, fully support Minister Stephen Crawford’s latest letter to the Real Estate Council of Ontario (RECO) and his decisive action on accountability. We endorse the intention to appoint an administrator to ensure RECO gets back to the basics of fulfilling its…
-
TRREB Welcomes Housing Tax Relief and Beneficial Ownership Registry in the Ontario Fall Economic Statement
Ontario needs decisive action to kick-start housing construction and give young people and their families new hope they’ll one day achieve their dream of owning a home. With a commitment to housing tax relief, the 2025 Ontario Fall Economic Statement is a strong step towards protecting the dream of home ownership and boosting housing supply.…
-
TRREB East GRC Working Group Welcomes Historic Durham Region Investment in Nuclear Energy
TRREB’s East GRC Working Group addresses real estate and housing issues that affect REALTORS® and residents in Durham Region. The group recently met to review key regional updates, focusing on nuclear energy investments and job creation that will strengthen the housing market and local economy. Small Modular Nuclear Reactors at the Darlington Plant The group…
-
TRREB Statement on Federal Budget 2025
Canadians continue to struggle with housing affordability and supply challenges. Driven by economic uncertainty and high construction costs, projects are stalling, builders are cancelling developments, and families and individuals are struggling with affordability. The Toronto Regional Real Estate Board (TRREB) and housing sector partners have called on the federal government to take bold, coordinated action…
-
October 2025 Housing Market Charts Available
A series of charts summarizing key residential statistics for the GTA, including an affordability indicator and time series for price, new listings and sales.