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Tag Archives: TREB

Market Watch – September 2015

Are you GTA realtor or just generally interested in the trending GTA housing market? Check out the latest on September 2015 results from the Toronto Real Estate Board’s Market Watch. The Market According to Mercer continues to predict that the Toronto real estate market remains on track for a record sales year. “We are on track for record home sales reported through …

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Market Watch: The Market According to Mercer – Q2 2015

Are you GTA realtor or just generally interested in the trending GTA housing market? Here’s the latest on Q2 results from the Toronto Real Estate Board’s Market Watch. The Market According to Mercer predicts the Toronto real estate market remains on track for a record sales year as consumer confidence has grown with the latest Bank of Canada interest rate …

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Record Sales and Strong Price Growth in June – Market Watch

Toronto Real Estate Board President Mark McLean announced that Greater Toronto Area REALTORS® reported 11,992 sales through TREB’s MLS® System in June 2015. This result represented a new record for the month of June and an 18.4 per cent increase over the June 2014 result of 10,132. “As I begin my term as TREB President, I think it is important …

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Market Watch – August 2014

VIDEO COMING SOON Toronto Real Estate Board President Paul Etherington reported 7,600 sales through the TorontoMLS system in August 2014. This result was up by 2.8 per cent compared to 7,391 transactions reported in August 2013. Year-to-date sales through the end of August amounted to 65,454, which represented an increase of 6.5 per cent compared to the same period in …

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The Canadian Housing Market, May 2013 Results

Investment in New Housing Breaking an upward trend, investments made in new housing developments fell short $90,300 in May, as opposed to the preceding 4-months on the rise. Dwellings considered in this report include: singles, doubles, rows, and apartments. Investments in single units suffered the largest loss in May, down $76,268. Luckily, a substantial jump was seen in rowhouse (+$15,479) …

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Vote for Addy Saeed – Toronto Real Estate Board Commercial Division Councillor

I’m Addy Saeed with Re/max Active Realty in Mississauga and I’m pleased to announce that I’ve been nominated to run as Councilor for Toronto Real Estate Board’s Commercial Division for the year 2013/2014. Let me tell you a bit about myself. I have an educational background in Business and Information systems and have worked for companies such as Siemens and …

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The Condominium Act Review: Stage Two

Considering condos amassed to nearly one half of the homes built in 2012, and that over 1.3-million Ontarians claim to be condo-owners, it is not a surprise that efforts to modernize the Condominium Act of 1998 are underway. Currently, we are in the middle of Stage Two of a three-tier collaborative, public engagement process, designed to amend parameters of the old …

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The Competition Tribunal Has Come to a Decision

On Tuesday, the TorontoMLS posted a news release stating the Competition Tribunal has dismissed the case against the Toronto Real Estate Board.  It’s reported that the Competition Bureau has lost due to a technicality, that the complaint filed back in May of 2011 should have been filed under a different section of the Competition Act. Since it had been an …

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Zoocasa Applies for a Brokerage Licence

Brokerage License - Zoocasa

What Will Zoocasa Do with a Brokerage License? Gearing-up for their big re-launch in May, Zoocasa has moved forward with their plans to become Canada’s next big online brokerage.  The Rogers-affiliate, known popularly as a website that publishes Canadian real estate market information, quietly applied to the Real Estate Council of Ontario earlier this year and only now admits to …

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Moderate Growth in Condo Prices During 2nd Quarter

Summary of Condominium Market in 2nd Quarter: – 6,435 condo apartment transactions in Q2 – down 2.6% (6,609 transactions in Q2 2011) – New listings for condos up substantially, by 19% in comparison to 2011 – Average price for Q2 sales were $342,212 – a 3.2% increase compared to 2011 – Condo units were priced in line with buyer expectations …

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