Jason Walker Real Estate in Toronto

TREB is proud to announce the release of our third annual Market Year in Review & Outlook Report – viewable in a handy flip version or downloadable PDF. This year's report, subtitled Steering the Way to Housing & Transportation Diversity in the Greater Golden Horseshoe, explores some of the most important issues affecting our industry today. A must-read for Members looking to gain new insight on the GTA housing market, as well as the policies and economic issues that impact the wider GGH, this in-depth report is informed by hard-data and groundbreaking research from TREB and our partners, and will engage you from cover to cover. Some of the exciting content and topics you can read about in this year' s report include: Market Year in Review: The Market in 2017 A look at how the market unfolded in 2017, featuring a review of TREB MLS® System statistics and TREB-commissioned Ipsos surveys of homeowners M...

January 4, 2018 -- Toronto Real Estate Board President Tim Syrianos announced that Greater Toronto Area REALTORS® reported 92,394 sales through TREB's MLS® System in 2017. This total was down 18.3 per cent compared to the record set in 2016.  Record sales in Q1 were followed by a decline in Q2 and Q3 after the Ontario Fair Housing Plan (FHP) was announced. The pace of sales picked up in Q4, as the impact of the FHP started to wane, and some buyers arguably brought forward their home purchase in response to the new OSFI stress test guidelines effective January 1, 2018.  "Much of the sales volatility in 2017 was brought about by government policy decisions. Research from TREB, the provincial government and Statistics Canada showed that foreign home buying was not a major driver of sales in the GTA. However, the Ontario Fair Housing Plan, which included a foreign buyer tax, had a marked psychological impact on the marketplace. Looking forward, government policy could continue...

TORONTO, ONTARIO, December 5, 2017 – Toronto Real Estate Board President Tim Syrianos announced that Greater Toronto Area REALTORS® reported 7,374 transactions through TREB’s MLS® System in November 2017. This result was up compared to October 2017, bucking the regular seasonal trend.  On a year-over-year basis, sales were down by 13.3 per cent compared to November 2016. New listings entered into TREB’s MLS® System in November 2017 amounted to 14,349 – up by 37.2 per cent compared to November 2016, when the supply of listings was very low from a historic perspective. “We have seen an uptick in demand for ownership housing in the GTA this fall, over and above the regular seasonal trend.  Similar to the Greater Vancouver experience, the impact of the Ontario Fair Housing Plan and particularly the foreign buyer tax may be starting to wane. On top of this, it is also possible that the upcoming changes to mortgage lending guidelines, which come into effect in January, have prompte...