TREB RELEASES CONDO MARKET FIGURES AS REPORTED BY GTA REALTORS® TORONTO, ONTARIO, April 24, 2019 – Toronto Real Estate Board President Garry Bhaura announced that Greater Toronto Area REALTORS® reported 4,731 condominium apartment sales through TREB’s MLS® System in the first quarter of 2019. This result was down by 6.8 per cent compared to Q1

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TREB RELEASES RENTAL MARKET FIGURES AS REPORTED BY GTA REALTORS® TORONTO, ONTARIO, April 3, 2019– Toronto Real Estate Board President Garry Bhaura announced that Greater Toronto Area REALTORS® reported 6,646 condominium apartment rental transactions through TREB’s MLS® System in the first quarter of 2019.  This result was up by 7.7 per cent compared to Q1

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TREB RELEASES RESALE MARKET FIGURES AS REPORTED BY GTA REALTORS® TORONTO, ONTARIO, April 3, 2019 – Toronto Real Estate Board President Garry Bhaura announced that Greater Toronto Area REALTORS® reported 7,187 residential sales through TREB’s MLS® System in March 2019.  This result was inline with 7,188 sales reported in March 2018.  For the first quarter of

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TREB applauds the City of Toronto’s Planning and Housing Committee for moving forward with initiatives to facilitate the creation of secondary suites.  We encourage City Council to adopt the Committee’s recommendations, which are consistent with the input that TREB submitted to the Committee. For TREB’s initial submission letter click here. For the detailed City Committee decision,

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TREB has been a long-time supporter of legalization and facilitation of secondary suites. Now, more than ever, we believe that these units can help address the housing challenges that we face by making significant contributions to the supply of housing both for home ownership and rental housing. Read on for Letter to Toronto City Councillors

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The Toronto Real Estate Board (TREB) applauds Minister Morneau and the federal government for making home buyers and housing issues a priority of the federal budget, announced today, but continues to be concerned about unnecessary mortgage restrictions, which were not addressed. “TREB has been vocal about the need for governments at all levels to address

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TREB RELEASES RESALE MARKET FIGURES AS REPORTED BY GTA REALTORS® TORONTO, ONTARIO, March 5, 2019 – Toronto Real Estate Board President Gurcharan (Garry) Bhaura announced that Greater Toronto Area REALTORS® reported 5,025 homes sold through TREB’s MLS® System in February 2019. This sales total was down by 2.4 per cent on a year-over- year basis.

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TREB Continues Call for Reconsideration of Mortgage Stress Test & 30 Year Amortization TREB is continuing to call for a review and reconsideration of the current mortgage underwriting “stress test” imposed by the Office of the Superintendent of Financial Institutions (OFSI) Guideline B-20, as well as 30-year amortizations for federally insured mortgages. The test is requiring

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