trebadmin
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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…
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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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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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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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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.