Thursday Aug 18th, 2022 Share

Rising Interest Rates Concern Apartment-Building Owners

Rising interest rates aren’t just being felt in the wallets of Canadian consumers and mortgage holders — today’s steeper cost of borrowing has significantly hiked costs for the residential development industry, with deep implications for the creation of affordable housing units.

Thursday Aug 18th, 2022 Share

Toronto Homeowners Can Now Legally Build Apartment Suites In Their Backyard

A new ruling has made it officially legal for Toronto residents to build backyard or garden suites as a form of housing. Garden suites are a secondary structure built on the property of another home. The city says they are “generally” smaller than the main house on the lot, and are often created as a way to house relatives, or as rental units

Thursday Jul 7th, 2022 Share

June Market Watch

Thursday Jun 23rd, 2022 Share

 Landlord and Tenant rules

Monday Jun 13th, 2022 Share

Government Increasing Non-Resident Speculation Tax

As part of its commitment to tackle Ontario's housing crisis by prioritizing Ontario families and homebuyers, the government is increasing the Non-Resident Speculation Tax rate to 20 per cent, closing loopholes to fight tax avoidance and expanding the tax to apply provincewide effective March 30, 2022.

Friday Jun 10th, 2022 Share

Planning to Buy Your 1st Home? Get Ready for a New Tax-Free Savings Account!

Wednesday Jun 8th, 2022 Share

Market News

Wednesday May 4th, 2022 Share

March Market Watch

Tuesday May 3rd, 2022 Share

Rent Prices In Toronto Expected To Get Worse

Wednesday Apr 20th, 2022 Share

Ontario to Allow Buyers to See All Bids on Real Estate Sales, But Only if the Seller Agrees

Thursday Jul 15th, 2021 Share

TRREB Forecast Update

Friday Jun 5th, 2020 Share

TRREB RELEASES MAY RESALE HOUSING MARKET REPORT

Thursday Feb 13th, 2020 Share

Price Outlook

    Market conditions tightened throughout 2019 and continued to do so in January 2020 as well. With little to no relief forecast on the listings front over the next year and demand expected to increase, it is difficult to forecast anything but further increases to average home prices for all major home types in 2020. The point forecast for the overall average selling price in 2020 is $900,000, close to a 10 per cent increase compared to the average of $819,319 reported for...

Thursday Feb 13th, 2020 Share

Ontario Changes Real Estate Rules For The First Time in 20 Years

Long outdated real estate legislation is being revamped to reflect today’s housing market . The new bill updates the regulations for realtors which includes more disclosure of competing bids for homes, new means of enforcement for ethical breaches, and various rules on business structures. The bill’s also being renamed from the 2002 Real Estate Business Brokers Act (REBBA) to The Trust in Real Estate Services Act. Practically speaking, it allows for more transparency in...

Tuesday Feb 11th, 2020 Share

Market News - January 2020

TORONTO, February 6, 2020 - TRREB President Michael Collins announced that Greater Toronto Area REALTORS® reported 4,581 home sales through TRREB’s MLS® System in January 2020 – up by 15.4 per cent compared to January 2019. On a preliminary seasonally adjusted basis, sales were up by 4.8 per cent compared to December 2019. “We started 2020 where 2019 left off, with very strong growth in the number of sales up against a continued dip in the number of new and available...

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