News Releases
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Federal Government Spring Economic Update and Housing
TRREB welcomes the federal government’s Spring Economic Update which continues the government’s focus on housing supply and affordability. The measures signal meaningful progress on long-standing priorities shared by homebuyers across the Greater Toronto Area and Simcoe County. Several initiatives align with TRREB and CREA advocacy goals, including increased flexibility in mortgage insurance to support missing-middle…
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TRREB Statement on Vaughan’s Reduction of Development Charges
TRREB welcomes the City of Vaughan’s decision yesterday to temporarily reduce residential development charges to zero to help accelerate housing construction and improve affordability for current and future residents. This is the type of bold municipal leadership needed to address Ontario’s housing supply crisis. Development charges are a major cost embedded in the price of…
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New TRREB Housing Report Recommends Action to Remove Remaining Roadblocks to a More Diverse Housing Supply
The Toronto Regional Real Estate Board (TRREB) today released a major new housing policy report, “Removing Roadblocks: Tackling Municipal Barriers to Housing Supply and Affordability in Ontario,” outlining the next phase of provincial housing policy reforms needed to build more of the right types of homes and improve affordability for Ontarians. The report recognizes the…
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GTA Homes Sales Up and Selling Prices Down in March
Greater Toronto Area (GTA) resale housing market conditions tightened in March 2026 in comparison to last year. Sales were up year-over-year, while new listings were down. Selling prices were lower compared to March 2025 helping with affordability moving into the spring market. “It’s encouraging to see an uptick in March home sales compared to last…
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HST Elimination for all Buyers of New Housing is a Major Step Forward
The Toronto Regional Real Estate Board (TRREB) welcomes today’s announcement from the Government of Ontario and Federal Government to extend the elimination of the 13 per cent HST from first-time buyers to now include all buyers of new homes valued up to $1.5 million. The rebate will be capped at $130,000 and reduced further for…
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Uptick in GTA Home Sales Expected in Second Half of Year
Greater Toronto Area (GTA) resale housing market conditions tightened in February 2026 compared to February 2025. While sales were down year-over-year, new listings declined by a greater annual rate. The dip in new listings is in line with recent polling results from Ipsos which show listing intentions are down for 2026. “Many would-be homebuyers are…
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Ontario‘s Housing Sector Calls on the Federal and Ontario Governments to Act Now with Targeted Action on Housing
Ontario and Canada remain in the grip of a housing crisis that is increasingly defined not only by insufficient supply of the housing that is needed, but also by a decline in confidence across the housing ecosystem. While governments and industry have made meaningful progress on planning reform, funding programs, and streamlining approvals, housing delivery…
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GTA Home Sales and Prices Expected to Remain Stable in 2026 Amid Ongoing Affordability Pressures
TRREB Releases Highly-Anticipated 2026 Market Outlook and Year in Review Report The Toronto Regional Real Estate Board’s (TRREB) 2026 Market Outlook and Year in Review report highlights a housing market shaped by improved buyer choice and affordability, alongside cautious consumer sentiment across the Greater Toronto Area (GTA). The report finds that elevated supply levels are expected to…
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New Ipsos Polling Highlights Growing Housing Affordability Pressures Across GTA Communities
The Toronto Regional Real Estate Board (TRREB) is issuing five local housing affordability updates based on new Ipsos polling of Greater Toronto Area (GTA) and Simcoe residents. The findings point to rising concern about housing costs, strong public support for measures to lower government-driven housing costs, and growing urgency to accelerate the delivery of attainable…
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TRREB Survey Results To Help Share Future Direction
The Toronto Regional Real Estate Board (TRREB) has released findings from the most comprehensive survey ever conducted of its membership. The poll, a key element of the Your Voice, Our Future campaign, provides valuable insights into the opinions of Members, outlining where they are satisfied with TRREB services, where they want to see improvements, and their priorities…
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TRREB Commends RECO Administrator and Province on Honouring all Payments Related to iPro Realty Matter
The Toronto Regional Real Estate Board (TRREB) commends the Real Estate Council of Ontario (RECO) Administrator and Acting CEO, Jean Lepine, and the Government of Ontario for fully delivering on their commitment to pay 100 per cent of the eligible commissions owed related to the iPro Realty matter. The announcement follows RECO’s recent payment of…
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TRREB Statement on Electricity Transmission Line to Toronto
The Toronto Regional Real Estate Board (TRREB) welcomes Minister Lecce’s announcement of the province’s approval of a new underwater electricity transmission line into Toronto, a critical investment that will support housing supply, economic growth, and long-term affordability for residents. By delivering up to 900 MW of additional capacity or power for 900,000 new homes, this…