2023 Market Outlook & 2022 Year in Review By Treb (Summary)
Monday Mar 20th, 2023
Share2023 Market Outlook & 2022 Year in Review By Treb (Summary) Looking ahead to 2023, the housing market will be impacted by two significant forces: higher levels of immigration and increased borrowing costs. The Toronto Regional Real Estate Board (TRREB) is forecasting a total of 70,000 home sales, which is lower than the previous year but expected to show improvement in the second half of 2023. The average selling price for all home types combined is anticipated to reach... [read more]