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Tag: TRREB

Toronto

Toronto Condo Prices Rise 3x Detached Homes, After Government Voices Price Support

May 5, 2021

Greater Toronto real estate prices are seeing high growth accelerate even faster. Toronto Regional Real Estate Board (TRREB) data shows a new record high for home prices in April. Detached home prices are now up six-digits from last year. The big story is condo apartments though. The segment had been lagging the general market over […]

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Toronto

Thousands of Toronto’s AirBnB Investors Plan To Sell This Year

February 12, 2021

Thousands of Toronto’s short-term rental investors may call it quits. An Ipsos Survey, commissioned by the Toronto Regional Real Estate Board (TRREB), shows how investors plan to navigate the city’s new short-term rental rules. Only a third feel their investment won’t be impacted by the new rules. The remainder either plan on selling, or finding […]

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Toronto

Toronto Condo Rental Inventory Is Soaring, and It Might Be Driving People To Sell

October 1, 2020

Toronto condo rentals are seeing the most inventory in recent memory. Toronto Regional Real Estate Board (TRREB) data prepared by Toronto Realtor Daniel Foch shows rental inventory is still much higher than usual in September. Meanwhile absorption is failing to keep up, potentially explaining the abrupt rise of condos for sale.  Toronto Condos For Rent […]

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Toronto

Toronto Real Estate Sales Crater Causing Prices To Remain “Virtually Unchanged”

June 3, 2020

Greater Toronto real estate sales are still frozen by the pandemic, but the inventory ratio is improving. Toronto Regional Real Estate Board (TRREB) described prices as “virtually unchanged” in May. Home sales predictably made a sharp decline, however not as much as inventory – helping to relieve pressure for prices to move higher. Greater Toronto […]

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Toronto

Toronto Detached Homes See Median Sale Price Fall Below A Million

May 13, 2020

The Greater Toronto real estate roller coaster continues, with a pandemic thrown into the mix. Toronto Regional Real Estate Board (TRREB) data shows detached home sales and inventory made a sharp decline in April. Most people could have guessed that, but the impact on prices is a little less clear. The industry’s benchmark price shows […]

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Toronto

Over 3,300 People Bought Toronto Real Estate – After The Lockdown

April 3, 2020

Despite a lockdown due to the COVID-19 pandemic, thousands of people in Toronto still bought a home. Toronto Regional Real Estate Board (TRREB) data shows a big increase in March sales. The rise in sales was due to the first-half of the month, prior to the board’s request to stop face-to-face activity. Despite the request, […]

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