The Toronto Regional Real Estate Board (TRREB) has reported that the housing market conditions in the Greater Toronto Area (GTA) have become tighter in March 2023. This suggests that the market is becoming more competitive due to an increased demand for homes, which has caused prices to rise. One way this is being reflected is in the percentage of sales relative to listings. This measure suggests that there is more competition among buyers, as a larger proportion of homes listed for sale are... [read more]

December 2020, Dear Friend, Another record month of real estate sales for the GTA and Covid 19 had nothing to do with it! There are 5 major factors that are keeping the real estate market at record levels: Ridiculously low interest rates (1.5%) attracting new buyers into the market who can now qualify to buy. A strong economic recovery for many business sectors. Many Canadians ”cash” rich from not spending on trips etc. as well as getting government... [read more]

FEBRUARY 2016 TREB MID-MONTH STATISTICS Greater Toronto REALTORS® are passionate about their work. They are governed by a strict Code of Ethics and share a state-of-the-art Multiple Listing Service®. Over 43,000 TREB Residential and Commercial Members serve consumers in the Greater Toronto Area. TREB is Canada’s largest real estate board. February 19, 2016 – Greater Toronto Area REALTORS® reported 3,500 sales through TREB’s MLS® System during the... [read more]