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Toronto Gives Municipal Leaders Failing Grades on Housing
Torontonians are giving City Council failing grades on housing affordability, according to a new poll from Ipsos, one of Canada’s top research firms. The poll also shows housing and the cost of living as top issues for voters heading into the June mayoral by-election.
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TRREB Statement on Council’s Decision to Legalize Multiplexes
Toronto has a housing supply challenge and we desperately need to build more homes for families and singles if we are going to protect the Canadian dream of home ownership in our city for future generations.
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Media Invite: Sports Legend Billie Jean King to Deliver Keynote at TRREB REALTOR® QUEST
Media are invited to attend a keynote address by sports icon and champion of equality and inclusion, Billie Jean King, at TRREB REALTOR® QUEST on May 17. This fascinating discussion will be led by broadcast journalist Gurdeep Ahluwalia.
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Statement Regarding DRAR, QDAR & NHAR Integration
The Quinte & District Association of REALTORS® (QDAR) and the Northumberland Hills Association of REALTORS® (NHAR) have voted to amalgamate with the Durham Region Association of REALTORS® (DRAR). The integration of these three boards creates a newly amalgamated regional board with a membership of more than 2,000 REALTORS®. The Toronto Regional Real Estate Board (TRREB) congratulates the Boards…
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Statement from the Toronto Regional Real Estate Board and the Brampton Real Estate Board
The Members of the Brampton Real Estate Board (BREB) have voted to integrate with the Toronto Regional Real Estate Board (TRREB). This successful vote to integrate is a critical step forward towards the future of organized real estate. This integration welcomes 2,500 BREB Members as primary TRREB Members – empowered with more tools to serve…
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TRREB Statement on Ombudsman Report into the Landlord Tenant Board
Ontario is facing a housing affordability crisis and we need all government agencies focused on boosting housing supply and helping people find safe and affordable places to call home. Today’s Ombudsman’s report investigating the Landlord Tenant Board (“LTB”) confirms that the LTB needs major reform, additional resources, and improved processes to ensure it is meeting…
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Sealing the Deal on Pre-Construction Purchases
How does buying a pre-construction property, be it a condo or single-family home, differ from buying a home on the resale market? Buyers wanting to avoid painful or expensive surprises need to understand the differences. David Young, TRREB instructor and real estate lawyer with Sorbara Law, joins TRREB Chief Market Analyst Jason Mercer to break…
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April 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: GTA Sales and Price Continue to Improve While Listings Remain Constrained
The Greater Toronto Area (GTA) housing market continued to tighten in April 2023. On a year-over-year basis, sales edged lower compared to April 2022, but new listings were down by more than one-third. Fewer listings relative to sales meant there was more competition between buyers, supporting an improvement in selling prices since the beginning of…
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TRREB: Q1 2023 Condo Sales Lower, but Set for a Resurgence
In line with the general market trends, condominium apartment sales and the average selling price were lower in the first quarter of 2023 compared to the same period in 2022. However, strong population growth, tight rental market conditions and improved first-time buying intentions will result in renewed growth in condo sales moving forward.
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TRREB: Strong Condo Rent Growth Continued in Q1 2023
Strong population growth coupled with high borrowing costs continued to exert pressure on the Greater Toronto Area (GTA) condominium apartment rental market in the first quarter of 2023. While the market did benefit from an increase in listings, competition between renters remained intense, with average rents growing by double-digit or high single-digit annual rates.
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Five Reasons to Get Excited About TRREB REALTOR® QUEST 2023
Are you ready for TRREB REALTOR® QUEST 2023? Join thousands of REALTORS® at the Toronto Congress Centre on May 17 and 18 to expand your knowledge, make new connections, and recharge your professional batteries. From incredible keynote speakers to the speaker series, there’s no shortage of reasons to be excited about Canada’s largest real estate conference and trade…