The high cost of housing is an ongoing challenge for individuals and families. Despite best efforts by governments at all levels, it’s clear that a further push and bold action is needed to get more homes built at lower costs for individuals. Greater Toronto Area (GTA) REALTORS® believe that innovative building techniques and new technology…
The long wait is finally over! Registration is now open for TRREB REALTOR® QUEST 2024. PATHWAYS TO SUCCESSExplore exciting new opportunities and navigate the next steps on your real estate journey. TRREB REALTOR® QUEST allows you to tap into exclusive resources and gain access to world-class speakers. Immerse yourself in two days of inspiration, education, and networking on May…
A series of charts summarizing key residential statistics for the GTA, including an affordability indicator and time series for price, new listings and sales.
Greater Toronto Area (GTA) home sales and new listings were up on an annual and monthly basis in February 2024. Selling prices also edged upward compared to a year earlier. Population growth and a resilient regional economy continued to support the overall demand for housing. Higher borrowing costs kept home sales below the February sales…
Curious about what’s in store this year for the Greater Toronto Area (GTA) real estate market? Wondering how shifting trends and economic factors might influence your buying or selling decisions? On Thursday, February 8, nearly 700 TRREB Members, industry partners, the media and policymakers attended TRREB’s 2024 Market Outlook & Year in Review event to find out…
The traditionally busy spring season and lower interest rates are two factors that may drive up activity in the housing market. Our latest Ready to Real Estate podcast episode features two data experts: Ray Wong, Vice President of Data Operations at Altus Group, and Sean Simpson, Vice President of Ipsos Public Affairs. They will talk about what lies…
When writing a story on something as important as Ontario’s real estate industry, it’s important to get your sources right. The Toronto Star article published on February 17 used incorrect data sources to arrive at its conclusions. The article has since been updated to clarify that “an exodus of 45,000 real estate agents and brokers” between February…
Media are invited to attend TRREB’s 2024 Market Outlook and Year in Review Peel event on Wednesday, February 21, 2024, at 10:00 a.m.
Media are invited to attend TRREB’s 2024 Market Outlook and Year in Review Durham event on Friday, February 16, 2024, at 10:00 a.m.
The Toronto Regional Real Estate Board (TRREB) is forecasting what’s next in the Greater Toronto Area (GTA) real estate market with the sought-after 2024 Market Outlook and Year in Review report and interactive digital digest.
A series of charts summarizing key residential statistics for the GTA, including an affordability indicator and time series for price, new listings and sales.
Home sales were up in January 2024 in comparison to January 2023. This annual increase came as some homebuyers started to benefit from lower borrowing costs associated with fixed rate mortgage products. New listings were also up year-over-year but by a lesser annual rate compared to sales. The resulting tighter market conditions when compared to…