TORONTO, ONTARIO, June 5, 2019 –Toronto Real Estate Board President Garry Bhaura announced that Greater Toronto Area REALTORS® reported 9,989 transactions through TREB’s MLS® System in May 2019.1 While this result represented a substantial increase of 18.9 per cent over the 15-year low in May 2018, it should be noted that the result was still
TREB RELEASES APRIL MARKET FIGURES AS REPORTED BY GTA REALTORS® TORONTO, ONTARIO, May 6, 2019 – Toronto Real Estate Board President Garry Bhaura announced that Greater Toronto Area REALTORS® reported a substantial year-over-year increase in home sales in April 2019. The number of residential transactions jumped by 16.8 per cent to 9,042 compared to 7,744
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
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
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
TORONTO REAL ESTATE BOARD URGING CAUTION AS TORONTO CITY COUNCIL DEBATES IF ANOTHER MUNICIPAL LAND TRANSFER TAX HIKE SHOULD BE CONSIDERED TORONTO, ONTARIO, March 27, 2019 – With Toronto City Council set to debate a motion to move forward with a proposal for yet another increase to the Municipal Land Transfer Tax (MLTT), at their
Toronto Real Estate Board Raises Concerns about New Proposal Calling for City of Toronto to Rely on Unpredictable Land Transfer Tax Even More With City Council in the midst of dealing with a huge shortfall in Land Transfer Tax revenue in 2018, the Toronto Real Estate Board (TREB) is raising concerns about a new proposal
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,
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
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