TRREB Statement on New Deal Between Toronto and Ontario
November 27, 2023 16:39 ET
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Toronto Regional Real Estate Board
TORONTO, Nov. 27, 2023 (GLOBE NEWSWIRE) -- The City of Toronto is the engine that drives Ontario’s economy. When Toronto does well, Ontario does well. However, Toronto has a housing supply crisis,...
TRREB Statement on Federal Fall Economic Statement
November 21, 2023 16:56 ET
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Toronto Regional Real Estate Board
TORONTO, Nov. 21, 2023 (GLOBE NEWSWIRE) -- The Toronto Regional Real Estate Board (TRREB) applauds and welcomes today’s fall economic statement offering several important housing focused...
TRREB: Higher Borrowing Costs See Buyers Remain on Hold
November 02, 2023 05:00 ET
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Toronto Regional Real Estate Board
TORONTO, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Lack of affordability and uncertainty remained issues for many would-be home buyers in the Greater Toronto Area (GTA) in October 2023. As a result, sales...
TRREB: More Supply in the Condo Market for Q3 2023
October 26, 2023 09:00 ET
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Toronto Regional Real Estate Board
TORONTO, Oct. 26, 2023 (GLOBE NEWSWIRE) -- The condominium apartment market became much more balanced over the past year. While Q3 2023 condo apartment sales were up year-over-year, growth in...
TRREB: Strong Population Growth Driving Rental Demand in Q3 2023
October 26, 2023 09:00 ET
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Toronto Regional Real Estate Board
TORONTO, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Demand for and supply of rental condominium apartments continued to grow in the Greater Toronto Area (GTA) during the third quarter of 2023, as reported by...
TRREB: High Interest Rates Impacting the Market, but Population Growth Will Soon Spur Demand
October 04, 2023 05:00 ET
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Toronto Regional Real Estate Board
TORONTO, Oct. 04, 2023 (GLOBE NEWSWIRE) -- The impact of high borrowing costs, high inflation, uncertainty surrounding future Bank of Canada decisions and slower economic growth continued to weigh...
TRREB Welcomes Council Decision to Request a Report to Study First Time Home Buyer Land Transfer Tax Rebate
September 13, 2023 09:53 ET
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Toronto Regional Real Estate Board
TORONTO, Sept. 13, 2023 (GLOBE NEWSWIRE) -- The Toronto Regional Real Estate Board (TRREB) welcomes the City of Toronto’s much anticipated revenue tools report’s consideration of a multi-year...
TRREB: Higher Borrowing Costs Continue to Impact Housing Market in August
September 06, 2023 05:00 ET
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Toronto Regional Real Estate Board
TORONTO, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Higher borrowing costs, continued uncertainty about the economy and Bank of Canada decision making, and the constrained supply of listings resulted in...
TRREB: GTA Real Estate Market More Balanced in July
August 03, 2023 05:00 ET
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Toronto Regional Real Estate Board
TORONTO, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Greater Toronto Area (GTA) home sales, new listings and home prices were up in July 2023 in comparison to July 2022. On a seasonally adjusted basis, the...
TRREB: Competition Continues Between Renters As Rental Listings And Rents Rise
July 13, 2023 11:19 ET
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Toronto Regional Real Estate Board
TORONTO, July 13, 2023 (GLOBE NEWSWIRE) -- Average condominium apartment rents continued to well outpace the rate of inflation in the second quarter of 2023. Despite seeing an increase in the number...