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Greater Toronto home sales dip in December to cap ‘transitionary’ 2024: board

January 7, 2025 No Comments

Greater Toronto home sales fell slightly last month to cap a year that saw buyers take advantage of “substantial negotiating power” on price.

Greater Toronto home sales continue post-rate cut surge: real estate board

December 4, 2024 No Comments

Greater Toronto home sales jumped again last month on a year-over-year basis, with one real estate expert saying the most recent interest rate cut in October was enough to start luring buyers back into the market.

Ontario Finance Minister Peter Bethlenfalvy

Ontario lowers projections for how many new homes will be built

October 30, 2024 No Comments

Ontario is lowering its projections for how many new homes will get built in the province over the next few years, putting the government further off the pace needed to meet its target.

Toronto home sales rose in September as buyers took advantage of lower rates, prices

October 3, 2024 No Comments

Home sales in the Greater Toronto Area rose in September as buyers began taking advantage of a more accessible market, said the Toronto Regional Real Estate Board.

Ontario regulator flags risks in growing private mortgage sector

September 12, 2024 No Comments

Ontario regulator urges better oversight to protect borrowers and investors

Toronto-area home sales decline in August, but rate cut could spur activity: board

September 5, 2024 No Comments

The Toronto Regional Real Estate Board says home sales in August fell from last year as average home prices edged lower.

Ontario sets new planning rules intended to boost home building

August 21, 2024 No Comments

Ontario’s housing minister announced a new set of planning rules Tuesday, which he said will set the stage for a “long-term building boom.”

Greater Toronto home sales ticking downward despite interest rate drops: TRREB

August 6, 2024 No Comments

The Toronto Regional Real Estate Board says home sales in July were up from last year but down from a month earlier, despite a jump in listings.

Ontario developer coalition asks governments for tax breaks to pass on to homebuyers

August 1, 2024 No Comments

A coalition of Ontario developers has written to three levels of government to ask for a reduction in taxes on new housing, saying it will pass on those savings dollar for dollar to homebuyers.

Vast majority of Greater Toronto new condo investors losing money every month: report

July 25, 2024 No Comments

Toronto’s condo market is under pressure, with a new report revealing a significant increase in cash-flow negative investors in newly completed condos.

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