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Toronto to enforce new Airbnb regulations after tribunal rules in favour of stricter bylaws

Tuesday Nov 19th, 2019

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Toronto Short Term Rentals under new regulations

Toronto to enforce new Airbnb regulations after tribunal rules in favour of stricter bylaws A provincial tribunal has ruled in favour of Toronto's plan to put stricter regulations on the city's short-term rental market. The Local Planning and Appeal Tribunal (LPAT) made its decision Monday, nearly two years after the city first approved the bylaws. Under the rules, Toronto will require short-term rental operators to live at the home they list on sites such as... [read more]

Greater Toronto Area (GTA) Real Estate Market Gains Strength with 14% Increase in Home Sales in October 2019 over October 2018

Tuesday Nov 05th, 2019

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TREB Market Watch October 2019

Greater Toronto Area (GTA) Real Estate Market Gains Strength with 14% Increase in Home Sales in October 2019 over October 2018 Toronto Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 8,491 residential sales through TREB’s MLS® System in October 2019. This result represented a 14 per cent increase compared to 7,448 sales reported in October 2018. GTA-wide, sales were up on a year-over-year basis for all major home... [read more]

Greater Toronto Area Real Estate Sales jump 22% in September 2019 amongst decline in New Property Listings on MLS

Thursday Oct 03rd, 2019

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September TREB MLS Report

Greater Toronto Area Real Estate Sales jump 22% in Septemeber 2019 amongst decline in New Property Listings on MLS Toronto Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 7,825 sales through TREB’s MLS® System in September 2019. This result represented strong year-over-year sales growth of 22 per cent compared to 6,414 sales reported in September 2018. It is important to note, however, that sales remain well-below the... [read more]

Greater Toronto Area (GTA) Real Estate Sales jump by 24.3% in July 2019 while Home Prices increase moderately by 3.2%

Tuesday Aug 06th, 2019

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Greater Toronto Area (GTA) Real Estate Sales jump by 24.3% in July 2019 while Home Prices increase moderately by 3.2% TORONTO, August 6, 2019 – Toronto Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 8,595 sales through TREB’s MLS® System in July 2019. This result was up by 24.3 per cent compared to July 2018. On a month-over-month basis, sales were up by 5.1 per cent, after preliminary seasonal adjustment. New... [read more]

Greater Toronto Area (GTA) Low Housing Inventory results in 10.4% increase in sales in June 2019 driven by Higher Density Market Segments

Thursday Jul 04th, 2019

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TREB Market Watch June 2019

Greater Toronto Area (GTA) Low Housing Inventory results in 10.4% increase in sales in June 2019 driven by Higher Density Market Segments TORONTO, July 4, 2019 – The new President of the Toronto Real Estate Board, Michael Collins, announced that Greater Toronto Area REALTORS® reported 8,860 sales through TREB’s MLS® System in June 2019, representing a 10.4 per cent increase compared to June 2018. Over the same time period, total new listings remained at a similar... [read more]

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