Archive | TREB

24 April 2017 ~ 0 Comments

What should we expect with the Liberal governments housing plan?

The provincial government has announced a 16 point plan intended to improve housing affordability, including a Non-Resident Speculations Tax, and a commitment to review the Real Estate and Business Brokers Act, 2002. So what should we expect the impact will be on our current hot housing market? I don’t see much of anything changing with regards […]

Continue Reading

31 January 2017 ~ 0 Comments

TREB predicts 10%-16% increase in house values for 2017

The Toronto Real Estate Board released today their forecast for the GTA housing market for 2017. Much to the shock and awe of many, they are predicting an increase in house prices between 10%-16% over 2016 prices, mainly due to the constriction of supply. Activity is also forecasted to stay the same as the past […]

Continue Reading

16 January 2017 ~ 0 Comments

Toronto City Council says “raise the land transfer tax cost”

#AnotherObstacle It looks like Toronto City Council is at it again! Thinking that purchasers of real estate in Toronto’s neighbourhoods are flush with cash, they look to make sweeping changes to the Toronto Land Transfer tax program. For anyone who has purchased a property in Toronto since February 1st, 2008, you are well aware of […]

Continue Reading

04 November 2016 ~ 0 Comments

High Rise Trumps Low Rise In Sales

Condo owners are rejoicing as the Toronto Real Estate Board released their monthly market statistics for October 2016 and condo sales activity (units sold) as well as sold prices saw healthy increases in Toronto proper. Sales of condos were up almost 20% from last year this time and prices went up a whopping 12.9%! The […]

Continue Reading

18 July 2016 ~ 0 Comments

TREB Appeals Tribunal Decision And Maintains Privacy Position

The following is a press release originally published by TREB on July 11, 2016: The Toronto Real Estate Board is appealing the decision ordered by the Competition Tribunal to release property sold data and pending sold data (where the transaction hasn’t yet closed) for broad dissemination on the Internet without requiring the explicit informed consent […]

Continue Reading