News Releases
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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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TRREB: Buyers Re-Enter the GTA Housing Market in February
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…
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Media Invite: TRREB Market Outlook and Year in Review Event in Peel
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.
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Media Invite: TRREB Market Outlook and Year in Review Event in Durham
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.
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TRREB: Home Sales Expected to Reach 77,000 in 2024
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.
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January 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: Tighter Market Conditions in January 2024 When Compared to the Previous Year
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…
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TRREB: Better-Supplied Condo Market in Q4 2023
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…
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TRREB: Strong Population Growth Drives Rental Demand in Q4 2023
Condominium apartment leasing activity continued to be strong in the fourth quarter of 2023. The number of lease transactions reported through TRREB’s MLS® experienced a strong year-over-year increase. However, the number of units listed for rent was up by an even greater annual rate. This resulted in more choice for renters and a slower pace…
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TRREB: The 2023 GTA Housing Market: High Borrowing Costs and Growing Affordability Challenges
While the overall demand for housing remained buoyed by record immigration in 2023, more of this demand was pointed at the rental market. The number of Greater Toronto Area (GTA) home sales in 2023 came in at less than 70,000 due to affordability issues brought about by high mortgage rates.
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TRREB Statement on Toronto Housing Funding Announcement
With Toronto’s ambitious goal to build 285,000 new homes by 2031, it’s essential that the City partner with other levels of government to increase housing supply and build attainable homes that individuals can afford.