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TREB Report Review of 2017 & Outlook for 2018

January 31, 2018

TREB Market Year in Review and Outlook Report 2018 

Please click the link below for the full report. A portion of the Outlook Report text is quoted below.



  • 26 percent of respondents in the November 2017 Ipsos Home Buyers Survey indicated that they were very likely or somewhat likely to purchase a home in the following 12 months.

  • Approximately one-quarter of respondents felt that they would not qualify for a mortgage on their chosen home if their qualifying rate increased by two percentage points.

  • TheforecastrangeforsalesreportedthroughTREB’s MLS® System in 2018 will be between 85,000 and 95,000 transactions.

  • The forecast range for the overall average selling price will be between $800,000 and $850,000, pointing towards an attending of the price trend in 2018.

  • Continuedrentgrowthwell-above the rate of inflation is expected for 2018 due to dwindling supply and newly-introduced rent control legislation. "

Page 22 -  Outlook: Looking Ahead to 2018 


 If you have any questions or concerns please don’t hesitate to contact Mary Jo at or (416)-690-2181.


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