trebadmin
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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…
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Buying and Selling Tenanted Properties, the Legal Way
How can buyers, sellers, and real estate agents stay on the right side of the law when dealing with tenanted properties? Bita di Lisi — property manager, real estate broker, licensed paralegal, and owner of Stonegate Legal Services — sits down with Ready to Real Estate host and TRREB Chief Market Analyst Jason Mercer to…
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Housing Newcomers: Where Will Record-Levels of New Immigrants Live?
Over the next three years, the federal government plans to welcome around 500,000 new immigrants per year to Canada. A record number will settle in southern Ontario. Immigration is key to Canada’s economic development and population growth, but will newcomers be able to find affordable places to live? To talk about how governments can fix the…
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Proposed Brampton Real Estate Board Integration with Toronto Regional Real Estate Board
The Boards of Directors at the Brampton Real Estate Board (BREB) and the Toronto Regional Real Estate Board (TRREB) are pleased to announce BREB’s recommendation to integrate with TRREB. This integration would result in all 2,500 BREB Members becoming primary Members of TRREB – empowered with more tools to serve their clients, grow their business…
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March 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’s Past President’s Scholarship Is Open for Applications
Toronto Regional Real Estate Board (TRREB) Members are committed to investing in the next generation of decision-makers and innovators. On behalf of our Members, TRREB grants scholarships to high school students with an interest in real estate who are pursuing post-secondary education through the annual Past President’s Scholarship initiative.
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TRREB: Tight Market Conditions Push up Competition in the GTA
Greater Toronto Area (GTA) housing market conditions tightened in March 2023. Sales accounted for an increased share of listings in comparison to March 2022, suggesting that competition between buyers is on the rise. The average sale price was above the average list price for the first time since May 2022.
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Demand for Home Ownership Rising: Market Trends to Watch in 2023
An uncertain economic outlook, high inflation, and rising interest rates challenged home buyers, sellers, and owners in 2022. How did this past year impact the real estate market? And how is it shaping market trends for 2023? Sean Simpson, Senior Vice President at Ipsos Public Affairs, joins Ready to Real Estate host and TRREB Chief…
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Join Industry Leaders and Inspiring Speakers at TRREB REALTOR® QUEST 2023
Canada’s largest real estate conference and trade show is right around the corner. The highly anticipated TRREB REALTOR® QUEST 2023 is taking place on May 17–18 at the Toronto Congress Centre. This event brings together industry leaders, experts and speakers to share their knowledge and insights. This year’s conference has an impressive lineup of keynote speakers, including Dr. Bernice…