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TRREB: Competition Continues between Renters as Rental Listings and Rents Rise
Average condominium apartment rents continued to well outpace the rate of inflation in the second quarter of 2023. Despite seeing an increase in the number of units listed for rent, competition between renters remained very strong. This competition underpinned higher average rents.
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Which Work Cultures Beat Burnout?
We’re emerging from the worst of the COVID-19 pandemic. Even so, pandemic-thinking continues to guide the leaders of many organizations, pushing stressed employees closer to burnout. Employees are asked to do “more with less” and work at a chaotic pace. Bestselling author, marketer, and speaker Hamza Khan talks to Ready to Real Estate host and…
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June 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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Lack of Listings Led to Tighter GTA Market Conditions in June
Home sales and the average selling price in the Greater Toronto Area (GTA) in June 2023 remained above last year’s levels. Seasonally adjusted sales dipped on a month-over-month basis. The seasonally adjusted average selling price and the MLS® Home Price Index (HPI) Composite benchmark were up compared to the previous month.
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The Power of a Diverse and Inclusive Workplace
Organizations with diverse and inclusive cultures can attract, hire, and retain the best talent. So why do people from racialized and marginalized communities continue facing barriers to belonging at so many workplaces? Hadiya Roderique, an award-winning journalist and assistant professor of journalism at the University of Toronto Scarborough, with a PhD in Organizational Behaviour and…
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How You’re Building Stronger Communities
You’re passionate about raising awareness for the importance of safe and affordable housing. That’s why on Wednesday, May 10 and Wednesday, May 24, TRREB Members from the Young Professionals Network and Communications & Member Engagement Committee gathered for the Habitat for Humanity GTA Build Days in Toronto to help construct a home. Habitat for Humanity GTA is…
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TRREB Donates $50K to Canadian Red Cross for the Alberta Fires Appeal
TRREB Members continue to offer a helping hand in times of crisis, especially here at home helping our fellow Canadians. On behalf of Members, TRREB is donating $50,000 to the Canadian Red Cross for the Alberta Fires Appeal, as part of CREA’s REALTORS® Care fundraising campaign. Thousands of Albertans are currently displaced from their homes…
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May 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: Strengthening Demand and Lack of Housing Supply Pushes up Prices in the GTA
The Greater Toronto Area (GTA) housing market continued to improve from a sales perspective in May 2023. Unfortunately, the supply of homes for sale did not keep up with the demand for ownership housing. Sales as a share of new listings were up dramatically compared to a year ago. This is a clear signal that…
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The LARGEST Real Estate Event: TRREB REALTOR® QUEST 2023
We promised TRREB REALTOR® QUEST 2023 was going to be back bigger than ever before. On Wednesday, May 17 and Thursday, May 18, over 10,000 real estate and industry professionals from across the globe joined us for Canada’s largest real estate conference and trade show which turned out to the best REALTOR QUEST® event held since…
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Toronto By-Election 2023: Roundtable on Housing Affordability
On June 26, Toronto is holding a by-election to elect its new mayor. Over half of Torontonians polled recently by Ipsos were unhappy with how city council has addressed the problem of housing affordability, but is it fair to point the finger at city council? Or, do other levels of government bear some responsibility? On a…
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TRREB Mourns the Passing of Former CEO Don Richardson
It is with heavy hearts that the Toronto Regional Real Estate Board (TRREB) announces the passing of former CEO Don Richardson. Don was the CEO of TRREB for 14 years and was a stalwart leader in the Organized Real Estate landscape throughout his career. Don was director of education for the Ontario Real Estate Association…