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The Time is Now: Planning for Growth in the GTA

This year’s report is now available and  subtitled “The Time is Now” explores some of the most important market issues affecting our industry today.

Backed with hard data from TREB and our partners, flip page to page and discover groundbreaking research that addresses the increasing population across the GTHA and tackles the ongoing demand for housing.

A MUST-READ: TREB’s 2020 Market Year in Review & Outlook Report

Some of the exciting content and topics you can read about in this year’s report include:

Market Year in Review & Market Outlook:

2019 Year in Review – includes a review of TREB MLS® System statistics and TREB-commissioned Ipsos surveys of homeowners and recent buyers.

2020 Market Outlook – features a forecast of the year to come, including an outlook of sales, listings and home prices.

The Rental Market – understand rental market conditions and a sense of the rental market moving forward.

New Home and Residential Land Sectors – discover research from Altus Group that dives deep into new home sales and residential land sales.

The Commercial Market – uncover hard data on commercial property sales and commercial leasing that stretches from industrial, to office and retail spaces.

Policymakers on Solutions for Population Growth – hear from policymakers and their approach to managing population growth, including contributions from the Minister of Municipal Affairs and Housing Minister, City of Toronto Mayor John Tory, and several other GTA big city mayors and regional chairs.

Future of Transportation Infrastructure in the Greater Toronto Hamilton Area – research from the Canadian Centre for Economic Analysis that offers a review of current transportation challenges across the GTHA, as well as suggested solutions.

Transit-Supportive Development Along Bus Corridors – the Pembina Institute presents research on transit-supportive development and the interplay of housing diversity and ideas on increasing housing supply.

Future GTHA Economic Growth and Housing Affordability – research from Ryerson University’s Centre for Urban Research and Land Development that offers a perspective on the GTHA’s growing economy and housing affordability challenges.

DOWNLOAD YOUR COPY AND JOIN THE DIALOGUE TODAY

This is TREB’s fifth annual Market Year in Review & Outlook Report, and each year it proves to be a resourceful tool that allows you to engage in discussions with colleagues and clients on pressing topics related to our industry.

DOWNLOAD THE REPORT HERE

Most of Canada’s housing market likely to be fertile ground for bidding wars in 2020

Looking for a home to buy in 2020? You may find lots of competition and not a lot to choose from.

Canadians hoping to buy a house in 2020 better brace themselves for limited choice and plenty of competition, the latest housing market data suggests.

While conditions remain ho-hum in the Prairies and Newfoundland and Labrador, in the rest of the country, there are plenty of buyers and not much for sale.

A lack of housing supply would be “the story” for 2020, the Canadian Real Estate Association (CREA) warned in its housing market forecast in mid-December.

The latest national statistics, released by CREA Jan. 15, seemed to confirm the trend. The number of existing homes available for purchases was at a 12-year low in December, the association said.

READ MORE: Canada’s home prices rise 9.6 in December compared to a year ago, sales up almost 23%

The issue has been long in the making, according to CREA senior economist Shaun Cathcart.