Toronto, Ontario August 4, 2022 "The Greater Toronto Area (GTA) population continues to grow and tight labour market conditions will drive this growth moving forward. Despite more balanced market conditions resulting from rapidly increasing mortgage rates, policymakers must continue to take action to boost housing supply to account for long-term population growth. TRREB has put realistic solutions on the table to address the existing housing affordability challenges. With savings high and the unemployment rate still low, home buyers will eventually account for higher borrowing costs. When they do, we want to have an adequate pipeline of supply in place or market conditions will tighten up again," said TRREB Chief Market Analyst Jason Mercer.  (READ MORE)

TORONTO, ONTARIO, April 21, 2022 – .Condominium apartment sales remained strong historically in Q1 2022. Seller’s market conditions remained in place with the average selling price increasing by more than 20 per cent year-over-year. Greater Toronto Area (GTA) REALTORS® reported 7,932 sales through TRREB’s MLS® System in Q1 2022 – a decrease of 15.6 per cent compared to the record Q1 2021 result of 9,399 sales. (READ MORE)

BLOGS

What you need to know about Mortgage Stress Test Effective June 1, 2021

Property Tax Rates in GTA 2021

Toronto Housing Markets Charts 2020

What is the Home Buyers Plan (HBP)?

How is Stress Test Calculated?

What is First Time Buyers' Incentive?