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…
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.
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…
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…
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…
Fourth quarter 2023 condominium apartment sales in the Greater Toronto Area (GTA) remained low historically, as the demand for ownership housing continued to be hampered by affordability concerns brought about by high borrowing costs. Buyers who were active in the market benefitted from a substantial amount of choice. This meant that average selling prices were…