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CONSUMER CONFIDENCE AND LOW INTEREST RATES DRIVE UP HOMES SALES IN GTA IN MARCH 2021

Tuesday Apr 6th, 2021

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CONSUMER CONFIDENCE AND LOW INTEREST RATES DRIVE UP HOMES SALES IN GTA IN MARCH 2021

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

Wednesday Apr 3rd, 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]

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

Tuesday Apr 2nd, 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 Sales jump by 16.8% in April 2019 while home prices move up by 1.9%

Monday May 6th, 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]

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 4th, 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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