trebadmin
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What’s in Store for TRESA Phase 2?
Phase two of the Trust in Real Estate Services Act is coming into force on Friday, December 1, 2023. Are you prepared? In this informative episode, Ready to Real Estate host and TRREB Chief Market Analyst Jason Mercer is joined by real estate lawyer Mark Weisleder to cover everything you need to know. From a legal…
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TRREB: Strong Population Growth Driving Rental Demand in Q3 2023
Demand for and supply of rental condominium apartments continued to grow in the Greater Toronto Area (GTA) during the third quarter of 2023, as reported by REALTORS® through TRREB’s MLS® System.
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TRREB: More Supply in the Condo Market for Q3 2023
The condominium apartment market became much more balanced over the past year. While Q3 2023 condo apartment sales were up year-overyear, growth in listings far outstripped growth in sales. The result was the average price edging lower providing some relief in the face of higher borrowing costs.
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TRREB Awards $242,000 to Date with Scholarship Initiative
Each year the Toronto Regional Real Estate Board (TRREB) recognizes high school students who are pursuing post-secondary education with the Past President’s Scholarship. Since the inception of the program in 2007, 66 deserving students have received a total of $242,000 to put towards realizing their dreams.
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How “Brand Hysteria” Built Johnny Cupcakes
REALTORS® looking to make their mark with a unique, personal, and fun approach to marketing can draw inspiration from the self-titled “brand hysteria expert,” Johnny Cupcakes. He grew a business, selling t-shirts from the back of a car, into an international brand worth millions. And he shared his creative approach to building brand loyalty with TRREB…
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TRREB Awards Members for Making an Impact
Four Toronto Regional Real Estate Board (TRREB) Members are in the spotlight for going above and beyond in the real estate industry and for outstanding contributions to their communities. TRREB is recognizing these Members, who tirelessly dedicate their time in the pursuit of a brighter tomorrow through selfless acts and good deeds. We are honouring…
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TRREB Members Supporting the Ontario REALTORS Care® Foundation
Housing and food insecurities are increasing throughout the Greater Toronto Area (GTA) and beyond. To combat these growing issues, the Toronto Regional Real Estate Board (TRREB) donates nearly $1 million each year to give back to the Ontario REALTORS Care® Foundation (ORCF) on behalf of our Members. Since 2008, TRREB has participated in the ORCF’s Every REALTOR® Campaign where TRREB donates $1…
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Post Mayoral Election: Building the GTA’s Next Chapter
Earlier this year, Olivia Chow was elected as the 66th mayor of Toronto. During the second installment in our series on the mayoral by-election, host and TRREB Chief Market Analyst Jason Mercer leads an insightful discussion examining how the GTA’s next chapter is unfolding. This hour-long deep dive examines Mayor Chow and city council’s plans to…
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September 2023 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.
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TRREB: High Interest Rates Impacting the Market, but Population Growth Will Soon Spur Demand
The impact of high borrowing costs, high inflation, uncertainty surrounding future Bank of Canada decisions and slower economic growth continued to weigh on Greater Toronto Area (GTA) home sales in September. However, despite the market being better-supplied with listings, the average selling price was up year-over-year.
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TRREB Welcomes Council Decision to Request a Report to Study First Time Home Buyer Land Transfer Tax Rebate
The Toronto Regional Real Estate Board (TRREB) welcomes the City of Toronto’s much anticipated revenue tools report’s consideration of a multi-year approach to property tax rates. Property tax is a more equitable, stable and appropriate means of taxation for the city, rather than increasing the reliance on an unpredictable revenue source such as the Municipal…
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August 2023 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.