trebadmin
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Economic Uncertainty Kept GTA Homebuyers on the Sidelines in September
Homebuyers were in a holding pattern in September, as uncertainty surrounding the economy, inflation and borrowing costs weighed on Greater Toronto Area (GTA) home sales. GTA REALTORS® reported 5,040 home sales through TRREB’s MLS® System in September 2026 – down nine per cent compared to September 2025. New listings entered into the MLS® System amounted…
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Before the Ballots: Housing Affordability and City Development
Explore key issues shaping municipal elections in the Greater Golden Horseshoe, including housing affordability, infrastructure, public safety, and regional governance. Jason Mercer sits down with journalist Jessica Smith Cross, radio talk show host Brian Crombie, and housing advocate Stephen Adler to discuss how these factors influence voter behavior and the future of our cities. Listen on
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Municipal Candidates Must Choose, Higher Taxes or More Homeownership
Over the past few years, governments have taken important steps to improve housing affordability. Ontario and the federal government have worked together to significantly reduce development charges and lower the harmonized sales tax (HST) on new homes. The governments took these steps largely because high housing taxes make homes less affordable and discourage new construction.…
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MLTT Relief is a Significant Step Forward for Homebuyers in Toronto
Toronto residents continue to express concern about how municipalities raise revenue, and the Municipal Land Transfer Tax (MLTT) remains a top concern. The Toronto Regional Real Estate Board (TRREB) is calling on municipal candidates to address a significant upfront cost facing homebuyers, including modernizing the outdated first-time homebuyer MLTT rebate and reducing the onerous MLTT upfront…
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TRREB’s Municipal Election Campaign – What We Are Fighting For
On October 26, voters across Ontario will elect the municipal leaders who will make some of the most important decisions affecting housing affordability and supply in their communities. This is a housing election, and voters want solutions. New Ipsos polling that TRREB commissioned shows that 90 per cent of residents across the GTA and Barrie…
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This Municipal Election, Clear the Way for More Housing
The 2026 Municipal Election is a pivotal moment for housing policy. On October 26, voters across Ontario will elect mayors and councillors who have significant influence over how much housing gets built, where it gets built, how quickly projects move forward, and ultimately how much homes cost. Ontario is not building enough housing. Between 2022…
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TRREB Advocates for Federal Financial Measures to Support Homeownership Housing Supply
Housing affordability remains one of TRREB’s top advocacy priorities. At the federal level, financing is among the most effective tools for improving housing affordability. Over the past decade, targeted initiatives supporting rental housing, such as the Apartment Construction Loan Program, have demonstrated the impact of financial incentives. The concentration of purpose-built rental projects among 2025…
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TRREB Supports Greater Consumer Transparency on Development Charge Disclosure in New Home Purchase Agreements
TRREB continues to address the growing impact of government taxes, fees, and charges on housing affordability across Ontario. Government-imposed costs can account for an estimated 30 to 36 per cent of the total cost of a new home. Development charges (DCs) make up a significant portion of these costs, accounting for roughly 20 per cent…
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New Municipal Election Poll Shows Strong Voter Support For Action on Housing Affordability in GTA and Barrie
85% of GTA and Barrie residents are concerned about housing affordability and 69% say housing will impact their vote in the upcoming municipal election Greater Toronto Area (GTA) and Barrie residents are signalling strong intentions to vote in the upcoming municipal election, and housing affordability is a defining issue at the ballot box, according to new…
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Building Around Transit: How GTA Housing Growth Is Following the Rails
Across the Greater Toronto Area (GTA), one of the most significant trends in residential development is the shift toward transit-oriented communities. Rather than building housing in car-dependent locations, developers and municipalities are increasingly concentrating growth around major transit hubs, subway extensions, GO stations, and light rail corridors. For TRREB Member REALTORS®, this shift is changing…
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A Noticeable Dip in GTA Home Sales and Listings, Pointing to Renewed Price Growth
The number of homes available for sale in August 2026 was down noticeably compared to last year in the Greater Toronto Area (GTA). Following this trend, home sales also edged lower, as the number of transactions was arguably limited by less choice in some neighbourhoods. Less choice and more competition between buyers could ultimately result…
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Simcoe County and Vaughan Development Charge Reduction Program update
The City of Vaughan and Simcoe County announced substantial reductions to their development charges through the Ontario Development Charge Reduction Program (DCRP). These announcements highlight an important principle for housing affordability. Reducing development charges (DCs) can lower the upfront cost of housing, but municipalities also need support to continue investing in the infrastructure required to…