August was another record-breaking month for GTA real estate as the market continued its post-lockdown resurgence. According to a report released by the Toronto Regional Real Estate Board (TRREB) today, the average sale price, number of sales and number of new listings all recorded huge year-over-year increases, going up 20.1%, 40.3% and 56.8% respectively. The […]
GTA real estate sets new records as summer heats up
Greater Toronto Area real estate roared back to life in July, with prices reaching new highs and sales numbers recording huge increases compared to last year. According to a report released by the Toronto Regional Real Estate Board (TRREB) today, there were 11,081 homes sold in the GTA in July – a 29.5% year-over-year increase. […]
Average home price hits record level as real estate market continues to heat up
The average price of a home in the Greater Toronto Area hit a new high in June according to a report released by the Toronto Regional Real Estate Board (TRREB) Monday. The average price of a GTA home was $930,869, surpassing the peak recorded in April 2017 – a time when prices in the GTA […]
Toronto announces phase two of plan for affordable housing units
Toronto Mayor John Tory yesterday announced the next phase in the city’s plan to increase the supply of affordable housing units on city-owned lands. At a press conference at City Hall, Tory revealed details of phase two of Toronto’s Housing Now initiative, with the city aiming to build between 1,455 and 1,710 residential units. Housing […]
TRREB survey reveals changes in real estate expectations
A survey released by the Toronto Regional Real Estate Board (TRREB) yesterday shows a notable change in the expectations of sellers of Greater Toronto Area real estate and that could have implications for the market in the next year. The survey was conducted by Ipsos on behalf of TRREB between 24 April and 27 April […]
COVID-19 impacts April real estate numbers in GTA
There was a dramatic reduction in the number of home sales and new listings in April as the COVID-19 pandemic and subsequent lockdown started to impact the real estate market. According to a report released by the Toronto Regional Real Estate Board (TRREB) today, there were 2,975 home sales in the Greater Toronto Area in […]
TRREB announces mid-April real estate results for GTA
The Toronto Regional real Estate Board (TRREB) today announced the results of real estate activity in the Greater Toronto Area for the first half of April, providing a vital insight into the impacts of the COVID-19 pandemic. In a break from the standard procedure of only reporting results at the end of the calendar month, […]
New feature allows buyers to search for home by school zone
TORONTO, ON- The Toronto Regional Real Estate Board last week announced the launch of a new tool that will allow buyers to search for properties by school zone. Announced on Twitter on 31 March and released the following day, the new tool is available on Collab – a site available to all licensed real estate […]
Toronto housing market continues to heat up
There were further signs of the Toronto housing market heating up in December as the average price and number of sales both recorded big increases, while a sharp drop in listings indicated a tightening of supply. According to the latest report released by the Toronto Real Estate Board (TREB) this week, the average price of […]
GTA Real Estate market continues to heat up
Following on from a recent pattern, the GTA real estate market showed more signs of growth in November, with prices rising by 7.1% and the number of sales up by 14.2%. According to a report released by the Toronto Real Estate Board (TREB) this week, the average price of a home in the Greater Toronto […]
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