TRREB: More Supply in the Condo Market for Q3 2023
October 26, 2023 09:00 ET
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Toronto Regional Real Estate Board
TORONTO, Oct. 26, 2023 (GLOBE NEWSWIRE) -- The condominium apartment market became much more balanced over the past year. While Q3 2023 condo apartment sales were up year-over-year, growth in...
TRREB: Strong Population Growth Driving Rental Demand in Q3 2023
October 26, 2023 09:00 ET
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Toronto Regional Real Estate Board
TORONTO, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Demand for and supply of rental condominium apartments continued to grow in the Greater Toronto Area (GTA) during the third quarter of 2023, as reported by...
TRREB: High Interest Rates Impacting the Market, but Population Growth Will Soon Spur Demand
October 04, 2023 05:00 ET
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Toronto Regional Real Estate Board
TORONTO, Oct. 04, 2023 (GLOBE NEWSWIRE) -- The impact of high borrowing costs, high inflation, uncertainty surrounding future Bank of Canada decisions and slower economic growth continued to weigh...
TRREB Welcomes Council Decision to Request a Report to Study First Time Home Buyer Land Transfer Tax Rebate
September 13, 2023 09:53 ET
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Toronto Regional Real Estate Board
TORONTO, Sept. 13, 2023 (GLOBE NEWSWIRE) -- The Toronto Regional Real Estate Board (TRREB) welcomes the City of Toronto’s much anticipated revenue tools report’s consideration of a multi-year...
TRREB: Higher Borrowing Costs Continue to Impact Housing Market in August
September 06, 2023 05:00 ET
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Toronto Regional Real Estate Board
TORONTO, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Higher borrowing costs, continued uncertainty about the economy and Bank of Canada decision making, and the constrained supply of listings resulted in...
TRREB: GTA Real Estate Market More Balanced in July
August 03, 2023 05:00 ET
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Toronto Regional Real Estate Board
TORONTO, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Greater Toronto Area (GTA) home sales, new listings and home prices were up in July 2023 in comparison to July 2022. On a seasonally adjusted basis, the...
TRREB: Competition Continues Between Renters As Rental Listings And Rents Rise
July 13, 2023 11:19 ET
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Toronto Regional Real Estate Board
TORONTO, July 13, 2023 (GLOBE NEWSWIRE) -- Average condominium apartment rents continued to well outpace the rate of inflation in the second quarter of 2023. Despite seeing an increase in the number...
TRREB: Condo Sales in the GTA Climb While New Listings and Prices Drop
July 13, 2023 11:00 ET
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Toronto Regional Real Estate Board
TORONTO, July 13, 2023 (GLOBE NEWSWIRE) -- Market conditions in the condominium apartment segment tightened markedly in the second quarter of 2023. Sales were up strongly on a year-over-year basis,...
Lack of Listings Led to Tighter GTA Market Conditions in June
July 06, 2023 05:00 ET
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Toronto Regional Real Estate Board
TORONTO, July 06, 2023 (GLOBE NEWSWIRE) -- Home sales and the average selling price in the Greater Toronto Area (GTA) in June 2023 remained above last year’s levels. Seasonally adjusted sales dipped...
TRREB: Strengthening Demand and Lack of Housing Supply Pushes Up Prices in the GTA
June 02, 2023 05:00 ET
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Toronto Regional Real Estate Board
TORONTO, June 02, 2023 (GLOBE NEWSWIRE) -- The Greater Toronto Area (GTA) housing market continued to improve from a sales perspective in May 2023. Unfortunately, the supply of homes for sale did...