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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%

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 Real Estate Sales jump in May 2019 with home prices increasing 18.9% over May 2018

Wednesday Jun 05th, 2019

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TREB Market Watch

Greater Toronto Area Real Estate Sales jump in May 2019 with home prices increasing 18.9% over May 2018 TORONTO, ONTARIO, June 5, 2019 –Toronto Real Estate Board President Garry Bhaura announced that Greater Toronto Area REALTORS® reported 9,989 transactions through TREB’s MLS® System in May 2019.1 While this result represented a substantial increase of 18.9 per cent over the 15-year low in May 2018, it should be noted that the result was still below the average for... [read more]

Greater Toronto Area (GTA) Real Estate Sales jump by 16.8% in April 2019 while home prices move up by 1.9%

Monday May 06th, 2019

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Greater Toronto Area (GTA) Real Estate Sales jump by 16.8% in April 2019 while home prices move up by 1.9% TORONTO, ONTARIO, May 6, 2019 – Toronto Real Estate Board President Garry Bhaura announced that Greater Toronto Area REALTORS® reported a substantial year-over-year increase in home sales in April 2019. The number of residential transactions jumped by 16.8 per cent to 9,042 compared to 7,744 in April 2018. On a preliminary seasonally adjusted basis, sales were up 11.3 per cent... [read more]

Improving Affordability Today: Support for First-Time Home Buyers introduced in the 2019 Federal Budget

Tuesday Apr 02nd, 2019

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Improving Affordability Today: Support for First-Time Home Buyers introduced in the 2019 Federal Budget To help make homeownership more affordable for first-time home buyers, Budget 2019 introduces the First-Time Home Buyer Incentive. The Incentive would allow eligible first-time home buyers who have the minimum down payment for an insured mortgage to apply to finance a portion of their home purchase through a shared equity mortgage with Canada Mortgage and Housing Corporation... [read more]

Greater Toronto Area (GTA) Real Estate Market sales remain flat in March 2019 while home prices hold amidst low listing inventory

Wednesday Apr 03rd, 2019

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Greater Toronto Area (GTA) Real Estate Market sales remain flat in March 2019 while home prices hold amidst low listing inventory TORONTO, ONTARIO, April 3, 2019 – Toronto Real Estate Board President Garry Bhaura announced that Greater Toronto Area REALTORS® reported 7,187 residential sales through TREB’s MLS® System in March 2019. This result was inline with 7,188 sales reported in March 2018. For the first quarter of 2019, sales were down by one per cent compared to Q1... [read more]

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