Toronto Real Estate Board President Larry Cerqua announced that 2016 was a second consecutive record year for home sales. Greater Toronto Area REALTORS® reported 113,133 home sales through TREB’s MLS® System – up by 11.8 per cent compared to 2015.
Toronto Real Estate Board President Larry Cerqua announced that the total amount of leased space reported through TREB’s MLS® System by TREB Commercial Network Members in the fourth quarter of 2016 was down on a year-over-year basis.
The Toronto Real Estate Board is urging Toronto City Council to act early to stop a potential significant Land Transfer Tax increase, a proposal that is currently working its way through the City’s approval and budget process.