Toronto Regional Real Estate Board Applauds Provincial Government for Moving Forward with Implementation of Personal Real Estate Corporations
TORONTO, ON – October 1, 2020 – The Toronto Regional Real Estate Board (TRREB) is applauding the provincial government’s announcement that those who trade in real estate in Ontario can now structure their businesses as Personal Real Estate Corporations (PRECs). The government’s announcement comes with the approval of regulations under the Trust in Real Estate […]
TRREB PROVIDES INPUT ON GOVT ECONOMIC RECOVERY INITIATIVES
TORONTO, ONTARIO, July 14, 2020 – The Toronto Regional Real Estate Board (TRREB) has submitted formal input to all levels of government on options for economic recovery initiatives. While TRREB has set out a list of specific policy options, its key message is to use caution in implementing demand-side real estate market stimulus. “Current real estate indicators […]
TRREB RELEASES JUNE RESALE HOUSING STATS
TORONTO, ONTARIO, July 7, 2020 – Toronto Regional Real Estate Board President Lisa Patel announced that Greater Toronto Area REALTORS® reported 8,701 sales through TRREB’s MLS® System in June 2020. This result represented a very substantial increase over the May 2020 sales result, both on an actual (+89 per cent) and seasonally adjusted basis (+84 per cent), […]
TRREB URGES T.O. TO MOVE FORWARD w/ LTT RELIEF FOR 1st HOME BUYERS
June 19, 2020 Executive Committee City of Toronto 100 Queen Street West Toronto, Ontario M5H 2N2 RE: Municipal Land Transfer Tax Rebate for First Time Home Buyers (EX 14.5) Dear Mayor Tory and Members of the Executive Committee: I am writing to provide you with the views of the Toronto Regional Real Estate Board (TRREB) […]
