35 h. ago Toronto Residents Say City’s Reliance on Land Transfer Tax Is Fueling the Housing Affordability Crisis

New polling shows growing frustration as Council considers yet another MLTT hike TORONTO, Dec. 04, 2025 (GLOBE NEWSWIRE) — As Toronto City Council considers a proposal to increase the Municipal Land Transfer Tax (MLTT) on higher-value homes, new Ipsos polling conducted for the Toronto Regional Real Estate Board (TRREB) shows that 416 residents are deeply […]

Economics

63 h. ago Greater Toronto home sales fall in November as prices, new listings decline: board

Toronto's real estate board says activity, new listings and average selling prices were down last month as potential homebuyers stayed on the sidelines.

Economics

7 d. ago OREA Statement on Government of Ontario Decision to Appoint Administrator for RECO

TORONTO, Nov. 28, 2025 (GLOBE NEWSWIRE) — “The Ontario Real Estate Association (OREA) applauds the Government of Ontario’s decision to appoint Jean Lépine as the administrator to oversee the Real Estate Council of Ontario (RECO) and its Board of Directors to ensure that the regulator delivers on the reforms they have committed to implementing. This […]

Politics

3 w. ago OREA & TRREB Statement: Province’s Intention to Appoint RECO Administrator

TORONTO, Nov. 14, 2025 (GLOBE NEWSWIRE) — “The Ontario Real Estate Association (OREA) and Toronto Regional Real Estate Board (TRREB), representing nearly 100,000 REALTORS®, fully support Minister Stephen Crawford’s latest letter to the Real Estate Council of Ontario (RECO) and his decisive action on accountability. We endorse the intention to appoint an administrator to ensure […]

Politics

3 w. ago Federal budget falls short in addressing housing affordability in Ottawa: real estate board

The Ottawa Real Estate Board says the federal budget falls short of solving immediate challenges faced by renters and buyers in the city. 

Other

4 w. ago Toronto housing market is dying and here's how much average prices have dropped

Home sales and prices in the Greater Toronto Area (GTA) continue to plummet to historic lows. These trends continued through October 2025, casting further doubt on the future of the region's turbulent housing market.The latest data from the Toronto Regional Real Estate Board (TRREB) highlights continued market challenges affecting homeowners and sellers, while the ever-falling cost of a home in the region offers a ray of hope for would-be homebuyers who have been priced out of the market throughout the last decade of runaway land values.TRREB's Oct. 2025 data reveals that home sales have once again declined year-over-year in the region, with 6,138 home sales representing a 9.5 per cent drop over the same period in 2024.The City of Toronto registered 155 fewer home sales year-over-year, while 905-region sales declined by 491 homes. Overall, GTA home sales declined by 646 units in October 2025 from the 6,784 units sold during the same period last year.Figures were also down mo...

Economics