Check out Market Updates and latest Listings Deals
Over the last ten years, TREB has been drawing attention to the housing supply issue in the GTA. Increasingly, policy makers, research groups of varying scope and other interested parties have acknowledged that the lack of a diverse supply of…
Read more“Condominium apartments are obviously a popular choice amongst first-time home-buyers. Moreover, it is also important to remember that condominium apartments owned by investors represent a huge component of the GTA rental stock and certainly account for most additions to the…
Read moreBroadly speaking, increased competition between buyers for available properties has resulted in relatively strong price growth above the rate of inflation for semi-detached houses, townhouses and condominium apartments. However, the single-detached market segment, which has arguably been impacted most by…
Read more“The condominium apartment rental market also remained quite tight in the second quarter, with average rents for one-bedroom and two-bedroom apartments increasing above the rate of inflation on a year-over-year basis. However, we have seen an acceleration in the number…
Read more“Buyers started moving off the sidelines in the spring, as evidenced by strong year-over-year price growth throughout the second quarter. However, because we saw virtually no change in the number of new listings, market conditions tightened and price growth picked…
Read more
Toronto Market Report – Sales Commentary The head line from TREB’s Report was over 9,000 sales in April – up 17% over April of last year. This was the biggest sales month since May of 2017. In our previous Report,…
Read moreThe OSFI stress test continues to impact home buyers’ ability to qualify for a mortgage. TREB is still arguing that the stress test provisions and mortgage guidelines generally, including allowable amortization periods for insured mortgages, should be reviewed. – Garry…
Read more“Market conditions have remained tight enough to support a moderate pace of price growth. Despite sales being markedly lower than the record levels of 2016 and early 2017, the supply of listings has also receded. This means that in many…
Read more
Toronto Market Report – Sales Commentary February sales as reported by The Toronto Real Estate Board were disappointing. At just over 5,000 units, that was 2.4% lower than February of last year. The uptick from January was 26%, versus a…
Read more“Home sales reported through TREB’s MLS® System have a substantial impact on the Canadian economy. A study conducted by Altus for TREB found that, on average, each home sale reported through TREB resulted in $68,000 in spin-off expenditures accruing to…
Read more