Toronto Real Estate TREB Published December, 2018 Resale Market Figures Toronto Real Estate Board announced that Greater Toronto Area REALTORS® reported a total of 77,426 residential transactions through TREB’s MLS® System in 2018. This result represented a 16.1 per cent decline compared to 92,263 sales reported in 2017. Total new listings entered […]
Toronto Real Estate Home sales in Toronto down in November, 2018 and up in sale prices
Toronto Real Estate Home sales in Toronto down in November, 2018 and up in sale prices Toronto remains a seller’s market after home sales across the Greater Toronto Area (GTA) dropped nearly 15% this November, 2018, compared to a year ago. According to the Toronto Real Estate Board (TREB), there were 6,251 residential transactions recorded through its system […]
Toronto downtown is benefiting from ‘Hyper-concentration’ of knowledge jobs in an economic shift
A fundamental economic shift is Toronto downtown is benefiting from ‘Hyper-concentration’ of knowledge jobs in an economic shift as traditional manufacturing employment evaporates across much of southern Ontario, a new report warns, and the trend has major ramifications for public transit and land-use planning. The study, released days after General Motors announced the shutdown […]
New Rent control rules may spark return to sky-high rent increases for Toronto tenants
New Rent control rules With new Rent control rules and the province of Ontario scrapping rent control for new units across Ontario as of November 15, 2018, affordable housing advocates are warning that the changes could may spark return to sky-high rent increases for thousands of Toronto tenants. The Progressive Conservative government […]
Toronto Real Estate Home sales in Toronto up in October, 2018 with increase in sale prices
Toronto Real Estate Home sales in Toronto up in October, 2018 with increase in sale prices November 5, 2018 – TREB October, 2018 Resale Market Watch Report Released. 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. […]