Supreme Court of Canada Won’t Hear TREB’s Appeal to Keep Sold Data Private

Current Events, Real Estate News

By: Zoocasa The Supreme Court of Canada announced this August that it will not hear the Toronto Real Estate Board’s (TREB) appeal to keep past sold data for Toronto homes for sale proprietary. TREB fought a lengthy battle to keep such information private, losing two other court battles in 2011 and 2016, and now, finally, […]

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April Home Sales Down by Double Digits in GTA: TREB

Current Events

The April real estate numbers are in for the Greater Toronto Area, revealing another double-digit plunge for sale and prices, compared to the same time last year. Activity in the region has fallen 31.1 per cent with 7,792 homes sold, prompting prices to soften 12.4 per cent to an average of $804,584. This slower sales […]

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GTA Real Estate Sales Fall 39.5% in March

Current Events

Toronto real estate sales continue to perform well below March 2017 levels, with the latest data from the regional real estate board revealing a 39.5-per-cent drop in activity. Just 7,228 homes were sold last month, a stark contrast to the record-breaking 11,954 the year prior, reports the Toronto Real Estate Board. It’s the third month […]

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February Sales Down from 2017, But Strong Spring Awaits: TREB

Current Events

The February data is in for the Toronto real estate market, and the numbers reveal activity continues to decline from last year’s levels; sales have fallen 34.9 per cent and prices 12.4 per cent to an average of $767,818, compared to February 2017.

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84% of Canadians Feel Housing Affordability is a Major Issue: National Survey


Real Estate News

By: Zoocasa As the federal election approaches, one of the key issues in every major party’s platform is national housing affordability. Among policymakers, issues such as whether or not Canadians can practically purchase a home within their local housing market, find affordable rentals, or qualify for a mortgage, are contentious. A recent survey conducted by Zoocasa demonstrates that […]

October 17, 2019

Heating August Market Raises Concerns: TREB


Real Estate News

By: Zoocasa In August, sales and prices across the GTA continued to increase. This suggests that the efforts to cool the region’s housing market have been absorbed, allowing for the potential reoccurrence of overheating within the market. The latest numbers reported by TREB show that a total of 7,711 homes changed hands over the course of the […]

September 12, 2019

GTA Home Sales Jump in July as Supply Falls: TREB


Real Estate News

By: Zoocasa The GTA housing market experienced robust activity in July, as more prospective home buyers tapped into the market while new listings declined compared to July 2018. The Toronto Real Estate Board (TREB) reported a total of 8,595 transactions over the course of July, marking a 24.3% year-over-year increase. Meanwhile, the number of new listings […]

August 20, 2019

Could the FTHBI Be Used in Toronto?


Real Estate News

By: Zoocasa Housing prices in major Canadian cities have skyrocketed in recent years. First-time home buyers have found it increasingly challenging to get a foothold on the property ladder. Sold house prices in Toronto have climbed to an incredible $1.3 million. An alternative used to be for first-time buyers to purchase a smaller, less expensive property type, […]

July 15, 2019