
TRREB’s Housing Affordability Working Group recently met with representatives from WoodGreen, Toronto’s largest non-municipal affordable housing provider, to learn about a new proposal to improve how non-profit and purpose-built rental housing is delivered in the GTA and across the province. The proposal focuses on creating an Affordable Housing Revolving Fund, a model that offers low-interest loans to cover…

How are cities like Toronto responding to pressure to build more housing and diversify housing types? In this episode of the Ready to Real Estate podcast, host Jason Mercer, TRREB’s Chief Information Officer, engages in a compelling conversation with Jason Thorne, Toronto’s Chief City Planner. They explore the pressing challenges and innovative solutions shaping Toronto’s housing landscape.…

A series of charts summarizing key residential statistics for the GTA, including an affordability indicator and time series for price, new listings and sales.

September home sales increased in the Greater Toronto Area (GTA) compared to a year earlier, as more homebuyers sought to take advantage of more affordable monthly mortgage payments. Buyers continued to respond to substantial choice in the marketplace by negotiating the average selling price downward. “The Bank of Canada’s September interest rate cut was welcome…

In a joint effort between TRREB’s Central Government Relations Working Group and Commercial Committee, we recently engaged with representatives from the City of Toronto’s Neighbourhood Retail and Services team on the City’s proposed by-law, focused on enabling access to retail and service spaces in Toronto neighbourhoods. TRREB is championing initiatives that create more opportunities for…

In a joint letter to the Ontario Solicitor General, TRREB, OREA, and the Ottawa Real Estate Board (OREB) have expressed concern regarding the obligations imposed under Schedule 8 of Bill 10, the Measures Respecting Premises with Illegal Drug Activity Act, 2025. The measures would require landlords to take “reasonable measures” to prevent illegal drug activity on their rented…

TRREB’s Government Relations Committee (GRC) North Working Group is fighting to ensure you have a voice at every table dedicated to advancing real estate interests in York Region, Barrie, and Simcoe County. We focus on lowering development charges to improve housing affordability for consumers. Recent TRREB advocacy meeting participants included the mayors from Richmond Hill,…

TRREB has submitted three recommendations to the federal government for the next budget, calling for bold action to address the ongoing housing affordability and supply issues. Our asks include: TRREB is calling for immediate action, noting that failing to address the current slowdown in housing construction could result in worse supply constraints and diminished economic…

A series of charts summarizing key residential statistics for the GTA, including an affordability indicator and time series for price, new listings and sales.

August home sales reported by the Toronto Regional Real Estate Board (TRREB) were up on a year-over-year basis. Over the same period, homebuyers benefitted from an even larger increase in the inventory of listings. Average selling prices continued to be negotiated downward due to the elevated choice across market segments. “Compared to last year, we…

Today, Ontario’s nine largest REALTOR® associations, representing more than 95,000 of the nearly 100,000 REALTORS® across the province, sent a joint letter to the Minister of Public and Business Service Delivery and Procurement, the Honourable Stephen Crawford, in support of his government’s firm stance on the Real Estate Council of Ontario’s (RECO) operations and handling…

Premier Doug Ford announced today at the Association of Municipalities of Ontario (AMO) conference an additional $1.6 billion top-up to the Municipal Housing Infrastructure Program (MHIP). This funding provides municipalities with more resources to build the essential roads, bridges, and water systems that make new housing possible. This is another positive step by the province…