Market News
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May 2024 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: Home Buyers Experience Less Competition in May
May home sales continued at low levels, especially in comparison to last spring’s short-lived pick-up in market activity. Home buyers are still waiting for relief on the mortgage rate front. Existing homeowners are anticipating an uptick in demand, as evidenced by a year-over-year increase in new listings. With more choice compared to a year ago,…
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April 2024 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: More Choice for Home Buyers in April
April 2024 home sales were down in comparison to April 2023, when there was a temporary resurgence in market activity. New listings were up strongly year-over-year, which meant there was increased choice for home buyers and little movement in the average selling price compared to last year. Greater Toronto Area (GTA) REALTORS® reported 7,114 sales…
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TRREB: Condo Prices Remain Flat in Q1 2024
The Greater Toronto Area (GTA) condominium apartment sales increased moderately in the first quarter of 2024 relative to the first three months of 2023. However, over the same period the number of condo apartment listings increased by a greater annual rate. With buyers benefitting from more choice, the average condo selling price edged lower. Total…
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TRREB: Condo Rental Transactions Up in Q1 2024
The number of condominium apartment lease transactions reported through the Toronto Regional Real Estate Board’s (TRREB) MLS® System was up strongly year-over-year in the first quarter of 2024. Over the same period, the number of units listed for rent was up by an even greater annual rate. This resulted in more choice for renters and…
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Media Invite: TRREB Market Outlook and Year in Review Event in Simcoe County
Media are invited to attend TRREB’s 2024 Market Outlook and Year in Review Simcoe County event on Monday, April 8, 2024, at 10:00 a.m. Hear industry experts weigh in on TRREB’s housing outlook on average prices and sales for 2024, the need for housing supply with rising immigration, the latest buying and selling intentions, and…
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March 2024 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: Selling Prices Up In March and Set to Accelerate This Spring
March 2024 home sales reported through TRREB’s MLS® System were lower than the March 2023 result, due in part to the statutory holiday Good Friday falling in March this year versus April last year. Despite a better-supplied market compared to last year, there was enough competition between buyers to see a moderate increase in the…
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Media Invite: TRREB Market Outlook and Year in Review Event in York Region
Media are invited to attend TRREB’s 2024 Market Outlook and Year in Review York Region event on Thursday, March 21, 2024, at 10:00 a.m.
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TRREB Urges Province to Go All-in on Modular to Lower Costs for Homebuyers
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…
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February 2024 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.