President’s Toronto SUN Column: Helping Communities To Build Better Lives

Author: Toronto Real Estate Admin / Category: Toronto Realtor

TREB President’s Column as it appears every Friday in the Toronto Sun’s Resale Homes and Condos section.

October 18, 2013
While establishing a wide network of contacts is of course, critical to a successful career in real estate, pitching in stems from a much deeper motivation.  Greater Toronto REALTORS® truly care about the wellbeing of the communities in which they live and work, and about our city’s quality of life ranking on the international stage. In fact, typically it is this passion for community from which their interest in real estate originates.

To recognize the difference that they make in neighbourhoods throughout the Greater Toronto Area I will be highlighting local REALTORS’® volunteer activities in this column periodically.

You may know of a REALTOR® like Javaid Ali Khan. He has been contributing to community life in Markham since 1998, volunteering to help with the Milliken Children’s Festival, the Town of Markham’s Canada Day and Race Relations Committees, and fundraising for The Scarborough Hospital and Markham Stouffville Hospital. Institutions around the world like hospitals in Kenya, schools in Bangladesh and orphanages in Sri Lanka have benefited from his tireless work as well.

To acknowledge his many efforts in the community, the Toronto Real Estate Board (TREB) recently presented Javaid with a community service award at a general meeting held as part of its annual REALTOR® QUEST conference.  During the same meeting, for the sixth consecutive year, Greater Toronto REALTORS® voted overwhelmingly in favour of participating in the REALTORS Care Foundation’s “Every REALTOR®” program, allowing our professional association to make a donation to the Foundation on behalf of every Greater Toronto REALTOR®. This year’s donation alone will total more than $430,000.

Even if you are not yet familiar with the REALTORS® Care Foundation, you are probably aware of the many causes it supports.  Each year, it distributes grants to shelter-related charities throughout the province.  In the Greater Toronto Area the Foundation has touched the lives of new immigrants, homeless teens and women and children in transition to name just a few.  Funds have also been directed to the construction of Habitat for Humanity homes and to the Children’s Breakfast Program, initiatives in which scores of Greater Toronto REALTORS® have also volunteered their time.

The Toronto Real Estate Board is reaching out for help in shining a spotlight on Greater Toronto REALTORS® who help make a difference.

If you know of a Greater Toronto REALTOR® or brokerage whose efforts have made a significant improvement to community life in your area, please visit where you can nominate them to be recognized as part of our professional association’s charitable contributions program.  By taking the time to share your thoughts about how your REALTOR® has made a difference you will also be doing your part, contributing a better GTA through anecdotes that may motivate countless other acts of kindness.  To do so, just click on the gold “Charitable Contributions” link found on the right side of the website’s homepage.  I look forward to sharing your inspiring tales.

For information on Greater Toronto REALTORS’® charitable efforts and updates on the local housing market, be sure to visit

Dianne Usher is President of the Toronto Real Estate Board,
a professional association that represents 37,000 REALTORS®
in the Greater Toronto Area.

Follow TREB on, and

Article source:

GTA REALTORS® Release Condo Report

Author: Toronto Real Estate Admin / Category: Toronto Realtor



GTA REALTORS® Release Condo Report

October 16, 2013Greater
Toronto Area REALTORS® reported 5,307 condominium apartment transactions
through the TorontoMLS system in the third quarter of
2013.  This result was up by 18 per cent
in comparison to 4,498 condominium apartment sales reported for the third
quarter of 2012.  In the City of Toronto,
which accounted for 72 per cent of condominium apartment transactions, sales
were up by 19.5 per cent.


“The Echo Generation wants to live close to where they work and
play.  It makes sense that they have
turned to condominium apartments as they have moved into home ownership.  Many condominium apartments in the GTA are characterized by their proximity to a diversity of employment,
transportation and leisure alternatives,” said Toronto Real Estate Board
President Dianne Usher.


“A growing number of buyers have restarted their search for a
condominium apartment since the summer.  Despite the onset of stricter lending guidelines, buyers have found that
home ownership remains affordable,” continued Ms. Usher.


The average selling price for condominium apartments in the third
quarter of 2013 was $340,069 – up almost two per cent in comparison to the
average of $333,846 in the third quarter of 2012.


“We experienced a moderate annual rate of increase in the average condo
price.  However, while condo sales were
up, listings were down in the third quarter.  If this trend continues, it could point to increased competition between
condo buyers and an uptick in the pace of price growth moving forward,” said
Jason Mercer, TREB’s Senior Manager of Market Analysis.


Condominium Apartment Market Summary

Third Quarter 2013




Average Price


Average Price

Total TREB





Halton Region





Peel Region





City of Toronto





York Region





Durham Region





Other Areas


















For information about Buyer Representation Agreements
(BRA) visit

For Media/Public Inquiries: Mary Gallagher, Senior
Manager Media Relations.

Real Estate Board 1400 Don Mills Road Toronto, ON M3B 3N1, Office: (416)



Greater Toronto REALTORS are passionate about their work.
They adhere to a strict Code of Ethics and share a state-of-the-art Multiple
Listing Service. Serving over 37,000 Members in the Greater Toronto Area,
the Toronto Real Estate Board is Canadas largest real estate board. Greater
Toronto Area open house listings are available on



Article source:

September 2013 Housing Starts in Toronto

Author: Toronto Real Estate Admin / Category: News Bulletin

58 0 objstream
h{b%`U!YTglιQbf0 “O.9Q’%Kʾ Dڳ%zGы+Ý`HxTeKJB2#+goޅ=o]b3TޢR-ykI*߱U3
endstreamendobj59 0 objstream
j)#dϻXV”M:|cWb”ut$@O6=}D.:UL 7ZU%hB(

Article source: