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.
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
TREB YORK REGION MARKET YEAR IN REVIEW & OUTLOOK 2019 ECONOMIC SUMMIT TORONTO, February 22, 2019 – The Toronto Real Estate Board (TREB) is hosting a Market Year in Review and Outlook 2019 Economic Summit in York Region, today, and will consist of multiple presentations dealing with the housing market, ideas on increasing housing supply
TREB MARKET YEAR IN REVIEW & OUTLOOK 2019 ECONOMIC SUMMIT – DURHAM REGION TORONTO, February 15, 2019 – Toronto Real Estate Board President Garry Bhaura announced TREB’s Economic Summit for Durham Region, in conjunction with TREB’s fourth annual Market Year in Review and Outlook report. This event consists of multiple presentations concerned with the housing
TORONTO REAL ESTATE BOARD PROVIDES INPUT AND REAL ESTATE MARKET OUTLOOK TO CITY OF TORONTO BUDGET COMMITTEE ON HEELS OF MUNICIPAL LAND TRANSFER TAX 2018 DEFICIT TORONTO, ONTARIO, February 7, 2019 –The Toronto Real Estate Board (TREB) will be making a presentation to the City of Toronto’s Budget Committee, today, as part of the City’s
TORONTO REAL ESTATE BOARD PROVIDES INPUT AND REAL ESTATE MARKET OUTLOOK TO CITY OF TORONTO BUDGET COMMITTEE ON HEELS OF MUNICIPAL LAND TRANSFER TAX 2018 DEFICIT TORONTO, ONTARIO, February 7, 2019 –The Toronto Real Estate Board (TREB) will be making a presentation to the City of Toronto’s Budget Committee, today, as part of the City’s
TORONTO REAL ESTATE BOARD PROVIDES INPUT AND REAL ESTATE MARKET OUTLOOK TO CITY OF TORONTO BUDGET COMMITTEE ON HEELS OF MUNICIPAL LAND TRANSFER TAX 2018 DEFICIT TORONTO, ONTARIO, February 7, 2019 –The Toronto Real Estate Board (TREB) will be making a presentation to the City of Toronto’s Budget Committee, today, as part of the City’s
TREB RELEASING 2019 MARKET OUTLOOK, IDEAS ON INCREASING HOUSING SUPPLY & AFFORDABILITY AND JANUARY MARKET STATISTICS TODAY AT ECONOMIC SUMMIT TORONTO, February 6, 2019 – Toronto Real Estate Board President Garry Bhaura announced the release of TREB’s fourth annual Market Year in Review and Outlook report, in conjunction with a morning event consisting of multiple
TREB RELEASE RESALE MARKET FIGURES AS REPORTED BY GTA REALTORS® TORONTO, ONTARIO, January 4, 2019 – Toronto Real Estate Board President Garry Bhaura announced that Greater Toronto Area REALTORS® reported a total of 77,426 residential transactions through TREB’s MLS® System in 2018. This result represented a 16.1 per cent decline compared to 92,263 sales reported
TORONTO, ONTARIO, December 12, 2018 – The Toronto Real Estate Board is concerned about the City of Toronto’s continued reliance on the Municipal Land Transfer Tax (MLTT) revenue to balance its budget. TREB’s concern is validated by the recent City Finance Department update, being reviewed by City Council on December 13, 2018, showing revenue from