News Releases
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A Look Ahead at GTA Housing, Infrastructure and Sustainability
The second half of this year will see a gradual uptick in home sales and an increase in competition between buyers with a renewed upward pressure on home prices in the Greater Toronto Area (GTA).
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Invite: TRREB’s 2023 Market Outlook and 2022 Year in Review Event
Media are invited to attend the Toronto Regional Real Estate Board’s (TRREB) highly-anticipated 2023 Market Outlook and Year in Review event. This premiere market event of the year goes in depth on key issues that matter most to REALTOR® Members and their clients.
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GTA Real Estate Market Starts the New Year the Same as It Ended Last Year
As we moved from 2022 into 2023, the Greater Toronto Area (GTA) housing market unfolded as expected. The number of January sales and the overall average selling price were similar to December 2022. On a year-over-year basis, both sales and prices were down markedly, continuing to highlight the impact of higher borrowing costs on affordability…
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TRREB to Release January Market Statistics and Related Commentary on Friday, February 3
The Toronto Regional Real Estate Board (TRREB) will release January 2023 market statistics on Friday, February 3 at 5:00 a.m. EST.
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TRREB: GTA Condo Sales down While Prices Remain Flat
Selling prices for condominium apartments bucked the overall downward trend in the housing market during the fourth quarter of 2022. The average selling price in Q4 2022 stayed in line with the average in Q4 2021.
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Population Growth and High Interest Rates Drive Rental Demand in GTA
Average condominium apartment rents continued to increase by double-digit annual rates in the fourth quarter of 2022. However, while market conditions remained tight enough to support very strong rent growth, there was more balance in the rental marketplace compared to the same period a year earlier in 2021.
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TRREB: Housing Affordability Should Be a Priority of the 2023 City of Toronto Budget
The Toronto Regional Real Estate Board (TRREB) is calling on Toronto City Council to make housing affordability a priority of the City’s 2023 Operating Budget. The City’s Executive Committee and full City Council will be deliberating on the City’s budget in the coming weeks.
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Blockchain in the Real Estate Marketplace
TRREB subsidiary PropTx, Teranet and AMP are partnering with VisionMAX and Blocksyte to transform the home buying and selling process across Canada.
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Statement From the Barrie & District Association of REALTORS® (BDAR) & The Toronto Regional Real Estate Board (TRREB)
The Boards of Directors of the Barrie & District Association of REALTORS® (BDAR) and the Toronto Regional Real Estate Board (TRREB) are pleased to announce BDAR’s recommendation to its Members that they integrate with TRREB.
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A Look Back at the 2022 GTA Housing Market
The Greater Toronto Area (GTA) housing market experienced a marked adjustment in 2022 compared to record levels in 2021. Existing affordability issues brought about by a lack of housing supply were exacerbated by sustained interest rate hikes by the Bank of Canada.
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TRREB to Release December and 2022 Annual Market Statistics and Related Commentary on Thursday, January 5
The Toronto Regional Real Estate Board (TRREB) will release December 2022 market statistics on Thursday, January 5 at 5:00 a.m. EST.
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Tragedy at Vaughan Condo
Our REALTOR® community is shocked and saddened by the tragic deaths of TRREB REALTOR® Member, Naveed Dada, Rita Camilleri and retired Member Vittorio Panza. Vittorio, Rita and Naveed were victims in the Vaughan condo mass shooting on December 18, 2022.