CONSUMER CONFIDENCE AND LOW INTEREST RATES DRIVE UP HOMES SALES IN GTA IN MARCH 2021     For the third straight month of 2021, record home sales continued in March across the Greater Toronto Area (GTA) with buyers taking advantage of favourable borrowing costs and continued improvement in many sectors of the economy. GTA REALTORS® reported 15,652 sales in March 2021 – close to double that of March 2020. While sales were strong, it is important to remember that for... [read more]

Greater Toronto Area Real Estate Prices moved up by 2.9% in September 2018 amidst  drop in Home Listings TORONTO, October 3, 2018 -- Toronto Real Estate Board announced that Greater Toronto Area REALTORS® reported 6,455 sales through TREB's MLS® System in September 2018 – up 1.9 per cent compared to September 2017.  The average selling price for September 2018 sales was up by 2.9 per cent over the same period to $796,786.  The MLS® HPI... [read more]

Condominium Apartments record strong Rental Increase in Mississauga, Brampton and Greater Toronto Area in Q3 2018 TORONTO, October 18, 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... [read more]

Mississauga, Brampton & Greater Toronto Area Real Estate Sales Drop while Home prices record slight growth in November 2018 TORONTO, ONTARIO, December 5, 2018 – 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... [read more]

Greater Toronto Area (GTA) Real Estate Market may be finding it's support levels with both Home Sales and Prices increasing in January 2019 TREB President Garry Bhaura announced that Greater Toronto Area REALTORS® reported 4,009 home sales through TREB's MLS® in January 2019 – up by 0.6 per cent compared to January 2018. On a preliminary seasonally adjusted basis, sales were up by 3.4 per cent compared to December 2018. "It is encouraging to see the slight... [read more]