News

Toronto Real Estate Board President Garry Bhaura announced that TREB Commercial Network Members reported 1,782,401 square feet of total leased space across the industrial, commercial/retail and office market segments. This result represented a 23.9 per cent decline compared to November 2017.

Toronto Real Estate Board President Garry Bhaura announced the continuation of moderate price growth in November 2018 compared to November 2017. The MLS® Home Price Index (HPI) Composite Benchmark was up by 2.7 per cent year-over-year. The average selling price was up by 3.5 per cent year-over-year to $788,345.

The Toronto Real Estate Board (TREB) applauds the provincial government for taking action to ensure that our City, region and Province have an adequate supply and appropriate mix of housing. Municipal Affairs and Housing Minister Steve Clark made the announcement this morning with TREB's CEO in attendance.

Toronto Real Estate Board President Garry Bhaura announced that TREB Commercial Network Members reported 2,331,390 square feet of total leased space for all lease transaction types across the industrial, commercial/retail and office market segments. This result represented a 29.2 per cent increase compared to October 2017.

Toronto Real Estate Board President Garry Bhaura announced year-over-year increases in home sales and average sale prices reported through TREB's MLS® System in October 2018.

The Toronto Real Estate Board (TREB) applauds the provincial government for taking a strong stand in support of home buyers and sellers by declining municipal requests for the authority to levy additional revenue tools, including municipal land transfer taxes, the latest attempt was in York Region.

With municipal elections only days away, the Toronto Real Estate Board (TREB) has released recommendations on what newly elected councillors, mayors, and regional chairs across the Greater Toronto Area (GTA) can do to ensure housing affordability and choice for home buyers and renters.

Toronto Real Estate Board President Garry Bhaura announced that the average selling price for condominium apartments reported sold by Greater Toronto Area REALTORS® through TREB's MLS ® System in the third quarter of 2018 was up by 8.4 per cent year-over-year to $552,269. The MLS® Home Price Index (HPI) Apartment Benchmark Price was up by 10.1 per cent year-over-year to $506,300 in September 2018.

Toronto Real Estate Board President Garry Bhaura announced that Greater Toronto Area REALTORS® continued to report robust average annual rent increases for condominium apartments during the third quarter 2018 compared to Q3 2017. The overall number of lease transactions for condominium apartments was also up by 5.8 per cent year-over-year to 9,215 in Q3 2018.

Toronto Real Estate Board President Garry Bhaura announced commercial leasing and sales statistics reported through TREB's MLS® System during the third quarter of 2018.