{"id":660,"date":"2024-10-04T18:56:40","date_gmt":"2024-10-04T18:56:40","guid":{"rendered":"https:\/\/market-outlook-2025.trreb.ca\/?page_id=660"},"modified":"2025-02-05T14:16:43","modified_gmt":"2025-02-05T14:16:43","slug":"home","status":"publish","type":"page","link":"https:\/\/market-outlook-2025.trreb.ca\/","title":{"rendered":"Home"},"content":{"rendered":"\n<div class=\"wp-block-group is-content-justification-right is-nowrap is-layout-flex wp-container-core-group-is-layout-5884b337 wp-block-group-is-layout-flex\" style=\"padding-top:0;padding-right:0;padding-bottom:0;padding-left:0\">\n<div class=\"wp-block-columns splash ticss-6f863a52 has-effra-font-family wp-container-content-9cfa9a5a is-layout-flex wp-container-core-columns-is-layout-817ca90b wp-block-columns-is-layout-flex\" style=\"padding-top:0;padding-left:var(--wp--preset--spacing--30)\">\n<div class=\"wp-block-column is-vertically-aligned-stretch column1 animated slideInLeft ticss-090ebe2f has-effra-font-family is-layout-flow wp-container-core-column-is-layout-897cb98a wp-block-column-is-layout-flow\" style=\"border-top-style:none;border-top-width:0px;border-right-style:none;border-right-width:0px;border-bottom-style:none;border-bottom-width:0px;border-left-style:none;border-left-width:0em;padding-top:0;padding-right:0px;padding-bottom:0;padding-left:0px;font-size:0px;flex-basis:40%\">\n<div class=\"wp-block-group ticss-23b8cb5e has-global-padding is-content-justification-center is-layout-constrained wp-container-core-group-is-layout-d7a71814 wp-block-group-is-layout-constrained\" style=\"padding-right:0;padding-left:0\">\n<p class=\"report-title ticss-b4aae11c has-text-color has-link-color has-effra-font-family wp-elements-224b831496f7e2e54c7374e48cfcd74b\" style=\"color:#686b73;padding-top:var(--wp--preset--spacing--10);padding-bottom:0;font-size:clamp(21.027px, 1.314rem + ((1vw - 3.2px) * 0.895), 34px);letter-spacing:0px\">2025 Market Outlook &amp; Year in Review<\/p>\n\n\n\n<p class=\"report-sub-title ticss-0196f604 has-text-color has-link-color has-effra-font-family wp-elements-73b711d72e410133c423235c7e7812aa\" style=\"color:#272c37;padding-top:var(--wp--preset--spacing--10);padding-right:0;padding-bottom:var(--wp--preset--spacing--10);padding-left:0;font-size:clamp(50.171px, 3.136rem + ((1vw - 3.2px) * 3.436), 100px);line-height:1.1\"><strong>The Triple <br>Challenge:<\/strong><\/p>\n\n\n\n<div id=\"wp-block-themeisle-blocks-icon-list-025e56bf\" class=\"wp-block-themeisle-blocks-icon-list ticss-12b918ed\">\n<div id=\"wp-block-themeisle-blocks-icon-list-item-77f2d806\" class=\"wp-block-themeisle-blocks-icon-list-item ticss-334fa6aa\"><i class=\"fas fa-circle wp-block-themeisle-blocks-icon-list-item-icon-custom\"><\/i><p class=\"wp-block-themeisle-blocks-icon-list-item-content\">Affordability<\/p><\/div>\n\n\n\n<div id=\"wp-block-themeisle-blocks-icon-list-item-b74d30b9\" class=\"wp-block-themeisle-blocks-icon-list-item ticss-abe07bd0\"><i class=\"fas fa-circle wp-block-themeisle-blocks-icon-list-item-icon-custom\"><\/i><p class=\"wp-block-themeisle-blocks-icon-list-item-content\">Housing Supply<\/p><\/div>\n\n\n\n<div id=\"wp-block-themeisle-blocks-icon-list-item-8997f36f\" class=\"wp-block-themeisle-blocks-icon-list-item ticss-138008ab\"><i class=\"fas fa-circle wp-block-themeisle-blocks-icon-list-item-icon-custom\"><\/i><p class=\"wp-block-themeisle-blocks-icon-list-item-content\">Traffic<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-vertically-aligned-center column2 animated slideInRight has-effra-font-family is-layout-flow wp-container-core-column-is-layout-897cb98a wp-block-column-is-layout-flow\" style=\"border-top-style:none;border-top-width:0px;border-right-style:none;border-right-width:0px;border-bottom-style:none;border-bottom-width:0px;border-left-style:none;border-left-width:0em;padding-top:0;padding-right:0px;padding-bottom:0;padding-left:0px;font-size:0px;flex-basis:60%\">\n<figure class=\"wp-block-image size-full\" style=\"float: right;\">\n<picture>\n  <source srcset=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/2025-MYIR-hero-banner_tablet.png\" media=\"(max-width: 781px)\">\n <source srcset=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/2025-splash-smaller-1.jpg\" media=\"(max-width: 1140px)\">\n \n<img decoding=\"async\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/01\/2025-MYIR-hero-banner.png\" alt=\"\" class=\"wp-image-2284\"\/>\n<\/picture>\n<\/figure>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div id=\"wp-block-themeisle-blocks-advanced-columns-ff0e5982\" class=\"wp-block-themeisle-blocks-advanced-columns has-1-columns has-desktop-equal-layout has-tablet-equal-layout has-mobile-equal-layout has-vertical-unset\"><div class=\"wp-block-themeisle-blocks-advanced-columns-overlay\"><\/div><div class=\"innerblocks-wrap\">\n<div id=\"wp-block-themeisle-blocks-advanced-column-17aba9d1\" class=\"wp-block-themeisle-blocks-advanced-column\">\n<hr class=\"wp-block-separator has-text-color has-base-2-color has-alpha-channel-opacity has-base-2-background-color has-background is-style-wide section-line\" style=\"margin-top:0;margin-bottom:0\" id=\"marketOutlook\"\/>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background section-line is-style-wide ticss-b00f1d0a\" style=\"margin-top:var(--wp--preset--spacing--40);margin-bottom:0;background-color:#ff6a14;color:#ff6a14\"\/>\n\n\n\n<p class=\"mo-section-header ticss-73a47707 has-base-background-color has-background has-effra-font-family\" style=\"margin-top:10px;margin-right:0;margin-bottom:20px;margin-left:0;padding-top:25px;padding-bottom:25px;padding-left:var(--wp--preset--spacing--60);font-size:clamp(20.515px, 1.282rem + ((1vw - 3.2px) * 0.861), 33px);font-style:normal;font-weight:700;line-height:0\">2025 Market Outlook<\/p>\n\n\n\n<p class=\"ticss-34ab750b\" style=\"padding-right:var(--wp--preset--spacing--60);padding-bottom:15px;padding-left:var(--wp--preset--spacing--60);font-size:clamp(15.747px, 0.984rem + ((1vw - 3.2px) * 0.569), 24px);\">Watch these short videos and hear where the GTA housing market is headed in 2025 from TRREB\u2019s Chief Market Analyst Jason Mercer.<\/p>\n\n\n\n<div id=\"wp-block-themeisle-blocks-advanced-columns-8f94756b\" class=\"wp-block-themeisle-blocks-advanced-columns has-3-columns has-desktop-equal-layout has-tablet-equal-layout has-mobile-collapsedRows-layout has-vertical-unset ticss-249eb12d\"><div class=\"wp-block-themeisle-blocks-advanced-columns-overlay\"><\/div><div class=\"innerblocks-wrap\">\n<div id=\"wp-block-themeisle-blocks-advanced-column-4ef47175\" class=\"wp-block-themeisle-blocks-advanced-column\">\n<figure class=\"wp-block-embed is-type-video is-provider-vimeo wp-block-embed-vimeo wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"TRREB Market Outlook: Rental\" src=\"https:\/\/player.vimeo.com\/video\/1051966676?h=fa43c9fe46&amp;dnt=1&amp;app_id=122963\" width=\"500\" height=\"281\" frameborder=\"0\" allow=\"autoplay; fullscreen; picture-in-picture; clipboard-write; encrypted-media\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<p class=\"has-text-align-center wp-embed-aspect-16-9 wp-has-aspect-ratio\" style=\"font-size:clamp(15.747px, 0.984rem + ((1vw - 3.2px) * 0.569), 24px);\"><strong>TRREB Market Outlook: Rental<\/strong><\/p>\n<\/div>\n\n\n\n<div id=\"wp-block-themeisle-blocks-advanced-column-73a11623\" class=\"wp-block-themeisle-blocks-advanced-column\">\n<figure class=\"wp-block-embed is-type-video is-provider-vimeo wp-block-embed-vimeo wp-embed-aspect-16-9 wp-has-aspect-ratio\" style=\"margin-top:0;margin-bottom:0\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"TRREB Market Outlook: Sales and Price\" src=\"https:\/\/player.vimeo.com\/video\/1051968291?h=094b8a28b5&amp;dnt=1&amp;app_id=122963\" width=\"500\" height=\"281\" frameborder=\"0\" allow=\"autoplay; fullscreen; picture-in-picture; clipboard-write; encrypted-media\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<p class=\"has-text-align-center wp-embed-aspect-16-9 wp-has-aspect-ratio\" style=\"font-size:clamp(15.747px, 0.984rem + ((1vw - 3.2px) * 0.569), 24px);\"><strong>TRREB Market Outlook: Sales and Price<\/strong><\/p>\n<\/div>\n\n\n\n<div id=\"wp-block-themeisle-blocks-advanced-column-da16c907\" class=\"wp-block-themeisle-blocks-advanced-column\">\n<figure class=\"wp-block-embed is-type-video is-provider-vimeo wp-block-embed-vimeo wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"TRREB Market Outlook: Consumer Buying Intentions\" src=\"https:\/\/player.vimeo.com\/video\/1051965111?h=b4534b3a08&amp;dnt=1&amp;app_id=122963\" width=\"500\" height=\"281\" frameborder=\"0\" allow=\"autoplay; fullscreen; picture-in-picture; clipboard-write; encrypted-media\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<p class=\"has-text-align-center wp-embed-aspect-16-9 wp-has-aspect-ratio\" style=\"font-size:clamp(15.747px, 0.984rem + ((1vw - 3.2px) * 0.569), 24px);\"><strong>TRREB Market Outlook: Consumer Buying Intentions<\/strong><\/p>\n<\/div>\n<\/div><\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n<div id=\"wp-block-themeisle-blocks-advanced-columns-6873ab61\" class=\"wp-block-themeisle-blocks-advanced-columns has-1-columns has-desktop-equal-layout has-tablet-equal-layout has-mobile-equal-layout has-vertical-unset ticss-2671da50\"><div class=\"wp-block-themeisle-blocks-advanced-columns-overlay\"><\/div><div class=\"innerblocks-wrap\">\n<div id=\"wp-block-themeisle-blocks-advanced-column-889d7d72\" class=\"wp-block-themeisle-blocks-advanced-column\">\n<hr class=\"wp-block-separator has-text-color has-base-2-color has-alpha-channel-opacity has-base-2-background-color has-background is-style-wide section-line\" style=\"margin-top:0;margin-bottom:0\" id=\"yearInReview\"\/>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide section-line\" style=\"margin-top:var(--wp--preset--spacing--40);margin-bottom:0;background-color:#f2a900;color:#f2a900\"\/>\n\n\n\n<p class=\"mo-section-header ticss-22ba13bf has-background has-effra-font-family\" style=\"background-color:#f1f1f1;margin-top:10px;margin-right:0;margin-bottom:20px;margin-left:0;padding-top:25px;padding-bottom:25px;padding-left:var(--wp--preset--spacing--60);font-size:clamp(20.515px, 1.282rem + ((1vw - 3.2px) * 0.861), 33px);font-style:normal;font-weight:700;line-height:0\">2024 Year in Review<\/p>\n\n\n\n<p class=\"ticss-ba4b4ffa\" style=\"padding-right:var(--wp--preset--spacing--60);padding-bottom:15px;padding-left:var(--wp--preset--spacing--60);font-size:clamp(15.747px, 0.984rem + ((1vw - 3.2px) * 0.569), 24px);\">Get a glimpse of total home sales, new listings, and average prices for 2024.<\/p>\n\n\n\n<div class=\"wp-block-cb-carousel cb-single-slide ticss-2a3b301e\" data-slick=\"{&quot;slidesToShow&quot;:1,&quot;slidesToScroll&quot;:1,&quot;speed&quot;:300,&quot;arrows&quot;:true,&quot;dots&quot;:false,&quot;autoplay&quot;:false,&quot;autoplaySpeed&quot;:6000,&quot;infinite&quot;:true,&quot;responsive&quot;:[{&quot;breakpoint&quot;:752,&quot;settings&quot;:{&quot;slidesToShow&quot;:1,&quot;slidesToScroll&quot;:1}}]}\">\n<div class=\"wp-block-cb-slide ticss-37a722ed\">\n<div class=\"wp-block-group has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-columns ticss-63371151 is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:75%\">\n<div class=\"wp-block-group ticss-997ea452 has-global-padding is-content-justification-left is-layout-constrained wp-container-core-group-is-layout-12dd3699 wp-block-group-is-layout-constrained\">\n<p class=\"has-effra-heavy-font-family has-large-font-size\">Average Price By Home Type<\/p>\n\n\n\n<div class=\"wp-block-group ticss-b6f0d09f has-base-2-color has-contrast-background-color has-text-color has-background has-link-color wp-elements-39aded9fe5b5c1db1f963fb5ad5ad653 has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\" style=\"border-radius:20px\">\n<div class=\"wp-block-group ticss-a2536814 has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<figure class=\"wp-block-image size-full is-resized has-custom-border ticss-c46dd8f3\" style=\"margin-top:0;margin-right:0;margin-bottom:0;margin-left:0\"><img decoding=\"async\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/legend_line-sunflower-2a02b6.svg\" alt=\"\" class=\"wp-image-4940\" style=\"border-radius:20px;object-fit:cover;width:25px;height:5px\"\/><\/figure>\n\n\n\n<p class=\"has-effra-heavy-font-family has-medium-font-size\">2024<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-group ticss-dc59b218 has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<figure class=\"wp-block-image size-full is-resized has-custom-border ticss-30fd963a\"><img decoding=\"async\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/legend_line-steel-4b93a7.svg\" alt=\"\" class=\"wp-image-4966\" style=\"border-radius:20px;object-fit:cover;width:25px;height:5px\"\/><\/figure>\n\n\n\n<p class=\"has-effra-heavy-font-family has-medium-font-size\">2023<\/p>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group ticss-3741378b is-layout-grid wp-container-core-group-is-layout-ffee5f74 wp-block-group-is-layout-grid\" style=\"margin-top:var(--wp--preset--spacing--10);margin-bottom:var(--wp--preset--spacing--10)\">\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/Charts-avg-price-home-type_detached-b101c2.svg\" alt=\"\" class=\"wp-image-5121\" style=\"object-fit:cover\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/Charts-avg-price-home-type_condo-1458b1.svg\" alt=\"\" class=\"wp-image-5120\" style=\"object-fit:cover\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/Charts-avg-price-home-type_townhouse-70b566.svg\" alt=\"\" class=\"wp-image-5123\" style=\"object-fit:cover\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/Charts-avg-price-home-type_semi-detached-28febc.svg\" alt=\"\" class=\"wp-image-5122\" style=\"object-fit:cover\"\/><\/figure>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:25%\">\n<div class=\"wp-block-group ticss-997ea452 has-global-padding is-content-justification-left is-layout-constrained wp-container-core-group-is-layout-12dd3699 wp-block-group-is-layout-constrained\">\n<p class=\"has-effra-heavy-font-family has-large-font-size\">Average Price<\/p>\n\n\n\n<div class=\"wp-block-group ticss-b6f0d09f has-base-2-color has-contrast-background-color has-text-color has-background has-link-color wp-elements-39aded9fe5b5c1db1f963fb5ad5ad653 has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\" style=\"border-radius:20px\">\n<div class=\"wp-block-group ticss-a2536814 has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<figure class=\"wp-block-image size-full is-resized has-custom-border ticss-c46dd8f3\" style=\"margin-top:0;margin-right:0;margin-bottom:0;margin-left:0\"><img decoding=\"async\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/legend_line-sunflower-2a02b6.svg\" alt=\"\" class=\"wp-image-4940\" style=\"border-radius:20px;object-fit:cover;width:25px;height:5px\"\/><\/figure>\n\n\n\n<p class=\"has-effra-heavy-font-family has-medium-font-size\">2024<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-group ticss-dc59b218 has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<figure class=\"wp-block-image size-full is-resized has-custom-border ticss-30fd963a\"><img decoding=\"async\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/legend_line-steel-4b93a7.svg\" alt=\"\" class=\"wp-image-4966\" style=\"border-radius:20px;object-fit:cover;width:25px;height:5px\"\/><\/figure>\n\n\n\n<p class=\"has-effra-heavy-font-family has-medium-font-size\">2023<\/p>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/Charts-avg-price-12ce06.svg\" alt=\"\" class=\"wp-image-5124\"\/><\/figure>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-cb-slide ticss-37a722ed\">\n<div class=\"wp-block-group has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-columns ticss-63371151 is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:75%\">\n<div class=\"wp-block-group ticss-997ea452 has-global-padding is-content-justification-left is-layout-constrained wp-container-core-group-is-layout-12dd3699 wp-block-group-is-layout-constrained\">\n<p class=\"has-effra-heavy-font-family has-large-font-size\">Sales By Home Type<\/p>\n\n\n\n<div class=\"wp-block-group ticss-b6f0d09f has-base-2-color has-contrast-background-color has-text-color has-background has-link-color wp-elements-114dcd67a975c84233957a50cc442899 has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\" style=\"border-radius:20px\">\n<div class=\"wp-block-group ticss-a2536814 has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<figure class=\"wp-block-image size-full is-resized has-custom-border ticss-c46dd8f3\" style=\"margin-top:0;margin-right:0;margin-bottom:0;margin-left:0\"><img decoding=\"async\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/legend_line-tangerine-10a052.svg\" alt=\"\" class=\"wp-image-4970\" style=\"border-radius:20px;object-fit:cover;width:25px;height:5px\"\/><\/figure>\n\n\n\n<p class=\"has-effra-heavy-font-family has-medium-font-size\">2024<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-group ticss-dc59b218 has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<figure class=\"wp-block-image size-full is-resized has-custom-border ticss-30fd963a\"><img decoding=\"async\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/legend_line-steel-4b93a7.svg\" alt=\"\" class=\"wp-image-4966\" style=\"border-radius:20px;object-fit:cover;width:25px;height:5px\"\/><\/figure>\n\n\n\n<p class=\"has-effra-heavy-font-family has-medium-font-size\">2023<\/p>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group ticss-9cf3b529 is-layout-grid wp-container-core-group-is-layout-ffee5f74 wp-block-group-is-layout-grid\" style=\"margin-top:var(--wp--preset--spacing--10);margin-bottom:var(--wp--preset--spacing--10)\">\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/Charts-sales-home-type_detached-725331.svg\" alt=\"\" class=\"wp-image-5128\" style=\"object-fit:cover\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/Charts-sales-home-type_condo-87df09.svg\" alt=\"\" class=\"wp-image-5127\" style=\"object-fit:cover\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/Charts-sales-home-type_townhouse-46767e.svg\" alt=\"\" class=\"wp-image-5130\" style=\"object-fit:cover\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/Charts-sales-home-type_semi-detached-5f9bf5.svg\" alt=\"\" class=\"wp-image-5129\" style=\"object-fit:cover\"\/><\/figure>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:25%\">\n<div class=\"wp-block-group ticss-997ea452 has-global-padding is-content-justification-left is-layout-constrained wp-container-core-group-is-layout-12dd3699 wp-block-group-is-layout-constrained\">\n<p class=\"has-effra-heavy-font-family has-large-font-size\">Total Sales<\/p>\n\n\n\n<div class=\"wp-block-group ticss-b6f0d09f has-base-2-color has-contrast-background-color has-text-color has-background has-link-color wp-elements-114dcd67a975c84233957a50cc442899 has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\" style=\"border-radius:20px\">\n<div class=\"wp-block-group ticss-a2536814 has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<figure class=\"wp-block-image size-full is-resized has-custom-border ticss-c46dd8f3\" style=\"margin-top:0;margin-right:0;margin-bottom:0;margin-left:0\"><img decoding=\"async\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/legend_line-tangerine-10a052.svg\" alt=\"\" class=\"wp-image-4970\" style=\"border-radius:20px;object-fit:cover;width:25px;height:5px\"\/><\/figure>\n\n\n\n<p class=\"has-effra-heavy-font-family has-medium-font-size\">2024<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-group ticss-dc59b218 has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<figure class=\"wp-block-image size-full is-resized has-custom-border ticss-30fd963a\"><img decoding=\"async\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/legend_line-steel-4b93a7.svg\" alt=\"\" class=\"wp-image-4966\" style=\"border-radius:20px;object-fit:cover;width:25px;height:5px\"\/><\/figure>\n\n\n\n<p class=\"has-effra-heavy-font-family has-medium-font-size\">2023<\/p>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/Charts-total-sales-65d878.svg\" alt=\"\" class=\"wp-image-5131\"\/><\/figure>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-cb-slide ticss-37a722ed\">\n<div class=\"wp-block-group has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-columns ticss-63371151 is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:75%\">\n<div class=\"wp-block-group ticss-997ea452 has-global-padding is-content-justification-left is-layout-constrained wp-container-core-group-is-layout-12dd3699 wp-block-group-is-layout-constrained\">\n<p class=\"has-effra-heavy-font-family has-large-font-size\">New Listings By Home Type<\/p>\n\n\n\n<div class=\"wp-block-group ticss-b6f0d09f has-base-2-color has-contrast-background-color has-text-color has-background has-link-color wp-elements-c1534ae2de412ad10097016fce689112 has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\" style=\"border-radius:20px\">\n<div class=\"wp-block-group ticss-a2536814 has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<figure class=\"wp-block-image size-full is-resized has-custom-border ticss-c46dd8f3\" style=\"margin-top:0;margin-right:0;margin-bottom:0;margin-left:0\"><img decoding=\"async\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/legend_line-lime-ea38a4.svg\" alt=\"\" class=\"wp-image-4978\" style=\"border-radius:20px;object-fit:cover;width:25px;height:5px\"\/><\/figure>\n\n\n\n<p class=\"has-effra-heavy-font-family has-medium-font-size\">2024<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-group ticss-dc59b218 has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<figure class=\"wp-block-image size-full is-resized has-custom-border ticss-30fd963a\"><img decoding=\"async\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/legend_line-steel-4b93a7.svg\" alt=\"\" class=\"wp-image-4966\" style=\"border-radius:20px;object-fit:cover;width:25px;height:5px\"\/><\/figure>\n\n\n\n<p class=\"has-effra-heavy-font-family has-medium-font-size\">2023<\/p>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group ticss-d592dbb3 is-layout-grid wp-container-core-group-is-layout-ffee5f74 wp-block-group-is-layout-grid\" style=\"margin-top:var(--wp--preset--spacing--10);margin-bottom:var(--wp--preset--spacing--10)\">\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/Charts-new-listings-home-type_detached-5b3306.svg\" alt=\"\" class=\"wp-image-5135\" style=\"object-fit:cover\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/Charts-new-listings-home-type_condo-63cf7e.svg\" alt=\"\" class=\"wp-image-5134\" style=\"object-fit:cover\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/Charts-new-listings-home-type_townhouse-2adedb.svg\" alt=\"\" class=\"wp-image-5137\" style=\"object-fit:cover\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/Charts-new-listings-home-type_semi-detached-647c58.svg\" alt=\"\" class=\"wp-image-5136\" style=\"object-fit:cover\"\/><\/figure>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:25%\">\n<div class=\"wp-block-group ticss-997ea452 has-global-padding is-content-justification-left is-layout-constrained wp-container-core-group-is-layout-12dd3699 wp-block-group-is-layout-constrained\">\n<p class=\"has-effra-heavy-font-family has-large-font-size\">Total New Listings<\/p>\n\n\n\n<div class=\"wp-block-group ticss-b6f0d09f has-base-2-color has-contrast-background-color has-text-color has-background has-link-color wp-elements-c1534ae2de412ad10097016fce689112 has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\" style=\"border-radius:20px\">\n<div class=\"wp-block-group ticss-a2536814 has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<figure class=\"wp-block-image size-full is-resized has-custom-border ticss-c46dd8f3\" style=\"margin-top:0;margin-right:0;margin-bottom:0;margin-left:0\"><img decoding=\"async\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/legend_line-lime-ea38a4.svg\" alt=\"\" class=\"wp-image-4978\" style=\"border-radius:20px;object-fit:cover;width:25px;height:5px\"\/><\/figure>\n\n\n\n<p class=\"has-effra-heavy-font-family has-medium-font-size\">2024<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-group ticss-dc59b218 has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<figure class=\"wp-block-image size-full is-resized has-custom-border ticss-30fd963a\"><img decoding=\"async\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/legend_line-steel-4b93a7.svg\" alt=\"\" class=\"wp-image-4966\" style=\"border-radius:20px;object-fit:cover;width:25px;height:5px\"\/><\/figure>\n\n\n\n<p class=\"has-effra-heavy-font-family has-medium-font-size\">2023<\/p>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/Charts-total-new-listings-d4618d.svg\" alt=\"\" class=\"wp-image-5138\"\/><\/figure>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-cb-slide ticss-37a722ed\">\n<div class=\"wp-block-group has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-columns ticss-63371151 is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:75%\">\n<div class=\"wp-block-group ticss-997ea452 has-global-padding is-content-justification-left is-layout-constrained wp-container-core-group-is-layout-12dd3699 wp-block-group-is-layout-constrained\">\n<p class=\"has-effra-heavy-font-family has-large-font-size\">Sales By GTA Regions<\/p>\n\n\n\n<div class=\"wp-block-group ticss-b6f0d09f has-base-2-color has-contrast-background-color has-text-color has-background has-link-color wp-elements-114dcd67a975c84233957a50cc442899 has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\" style=\"border-radius:20px\">\n<div class=\"wp-block-group ticss-a2536814 has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<figure class=\"wp-block-image size-full is-resized has-custom-border ticss-c46dd8f3\" style=\"margin-top:0;margin-right:0;margin-bottom:0;margin-left:0\"><img decoding=\"async\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/legend_line-tangerine-10a052.svg\" alt=\"\" class=\"wp-image-4970\" style=\"border-radius:20px;object-fit:cover;width:25px;height:5px\"\/><\/figure>\n\n\n\n<p class=\"has-effra-heavy-font-family has-medium-font-size\">2024<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-group ticss-dc59b218 has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<figure class=\"wp-block-image size-full is-resized has-custom-border ticss-30fd963a\"><img decoding=\"async\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/legend_line-steel-4b93a7.svg\" alt=\"\" class=\"wp-image-4966\" style=\"border-radius:20px;object-fit:cover;width:25px;height:5px\"\/><\/figure>\n\n\n\n<p class=\"has-effra-heavy-font-family has-medium-font-size\">2023<\/p>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<figure class=\"wp-block-image size-full hide-mobile ticss-6396cc25\"><img decoding=\"async\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/Charts-sales-by-gta-regions_chart-8d2ac1.svg\" alt=\"\" class=\"wp-image-5133\" style=\"object-fit:cover\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full display-mobile ticss-b49ec49f\"><img decoding=\"async\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/YIR-sales-by-gta-regions-ab28f2.svg\" alt=\"\" class=\"wp-image-5212\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full display-mobile ticss-5fa14554\"><img decoding=\"async\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/YIR-gta-regions-59267b.svg\" alt=\"\" class=\"wp-image-5213\"\/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:25%\">\n<div class=\"wp-block-group ticss-997ea452 has-global-padding is-content-justification-left is-layout-constrained wp-container-core-group-is-layout-12dd3699 wp-block-group-is-layout-constrained\">\n<p class=\"has-effra-heavy-font-family has-large-font-size\">Interest Rates*<\/p>\n\n\n\n<div class=\"wp-block-group ticss-b6f0d09f has-base-2-color has-contrast-background-color has-text-color has-background has-link-color wp-elements-39aded9fe5b5c1db1f963fb5ad5ad653 has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\" style=\"border-radius:20px\">\n<div class=\"wp-block-group ticss-a2536814 has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<figure class=\"wp-block-image size-full is-resized has-custom-border ticss-c46dd8f3\" style=\"margin-top:0;margin-right:0;margin-bottom:0;margin-left:0\"><img decoding=\"async\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/legend_line-sunflower-2a02b6.svg\" alt=\"\" class=\"wp-image-4940\" style=\"border-radius:20px;object-fit:cover;width:25px;height:5px\"\/><\/figure>\n\n\n\n<p class=\"has-effra-heavy-font-family has-medium-font-size\">2024<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-group ticss-dc59b218 has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<figure class=\"wp-block-image size-full is-resized has-custom-border ticss-30fd963a\"><img decoding=\"async\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/legend_line-steel-4b93a7.svg\" alt=\"\" class=\"wp-image-4966\" style=\"border-radius:20px;object-fit:cover;width:25px;height:5px\"\/><\/figure>\n\n\n\n<p class=\"has-effra-heavy-font-family has-medium-font-size\">2023<\/p>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/Charts-interest-rates-dba27b.svg\" alt=\"\" class=\"wp-image-5132\"\/><\/figure>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n<div id=\"wp-block-themeisle-blocks-advanced-columns-10b82aaa\" class=\"wp-block-themeisle-blocks-advanced-columns has-1-columns has-desktop-equal-layout has-tablet-equal-layout has-mobile-equal-layout has-vertical-unset\"><div class=\"wp-block-themeisle-blocks-advanced-columns-overlay\"><\/div><div class=\"innerblocks-wrap\">\n<div id=\"wp-block-themeisle-blocks-advanced-column-f1afe2f7\" class=\"wp-block-themeisle-blocks-advanced-column\">\n<hr class=\"wp-block-separator has-text-color has-base-2-color has-alpha-channel-opacity has-base-2-background-color has-background is-style-wide section-line\" style=\"margin-top:0;margin-bottom:0\" id=\"consumerIntentions\"\/>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide section-line\" style=\"margin-top:var(--wp--preset--spacing--40);margin-bottom:0;background-color:#7dc900;color:#7dc900\"\/>\n\n\n\n<p class=\"mo-section-header ticss-280a43b9 has-background has-effra-font-family\" style=\"background-color:#f1f1f1;margin-top:10px;margin-right:0;margin-bottom:20px;margin-left:0;padding-top:25px;padding-bottom:25px;padding-left:var(--wp--preset--spacing--60);font-size:clamp(20.515px, 1.282rem + ((1vw - 3.2px) * 0.861), 33px);font-style:normal;font-weight:700;line-height:1.5\">Market Outlook and Consumer Intentions<\/p>\n\n\n\n<p class=\"ticss-224bd2cc\" style=\"padding-right:var(--wp--preset--spacing--60);padding-bottom:15px;padding-left:var(--wp--preset--spacing--60);font-size:clamp(15.747px, 0.984rem + ((1vw - 3.2px) * 0.569), 24px);\">Discover five things you need to know about what\u2019s next for the housing market in 2025. Plus, find out new insights from&nbsp;TRREB\u2019s latest buying and selling intentions survey conducted by Ipsos.<\/p>\n\n\n\n<div class=\"wp-block-columns wp-container-content-9cfa9a5a is-layout-flex wp-container-core-columns-is-layout-65e523f9 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column ticss-1cd4eef5 is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\">\n<figure class=\"wp-block-image size-full\" style=\"margin-right:var(--wp--preset--spacing--10)\"><img loading=\"lazy\" decoding=\"async\" width=\"715\" height=\"600\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/2025-MYIR-Consumer-Intentions.png\" alt=\"\" class=\"wp-image-4995\" style=\"object-fit:cover\" srcset=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/2025-MYIR-Consumer-Intentions.png 715w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/2025-MYIR-Consumer-Intentions-300x252.png 300w\" sizes=\"auto, (max-width: 715px) 100vw, 715px\" \/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column ticss-66f4f6bb is-layout-flow wp-block-column-is-layout-flow\" style=\"padding-right:var(--wp--preset--spacing--60);padding-left:var(--wp--preset--spacing--50);flex-basis:66.66%\">\n<div class=\"wp-block-group myir-grid ticss-19ab7a8e is-layout-grid wp-container-core-group-is-layout-1e696623 wp-block-group-is-layout-grid\" style=\"margin-top:0;margin-bottom:var(--wp--preset--spacing--20)\">\n<div class=\"wp-block-group ticss-8b980306 has-border-color has-global-padding is-layout-constrained wp-container-core-group-is-layout-ee446249 wp-block-group-is-layout-constrained\" style=\"border-color:#7dc900;border-width:3px;border-radius:40px;margin-top:0;margin-bottom:0;padding-top:var(--wp--preset--spacing--20);padding-right:var(--wp--preset--spacing--20);padding-bottom:var(--wp--preset--spacing--20);padding-left:var(--wp--preset--spacing--20)\">\n<div class=\"wp-block-group ticss-d5503c1e has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<p class=\"ticss-a1da7ced has-text-color has-link-color wp-elements-e44b4d46504375cb3fd055e4c89d634f\" style=\"color:#7dc900;padding-top:0;padding-right:var(--wp--preset--spacing--30);padding-bottom:0;padding-left:var(--wp--preset--spacing--30);font-size:clamp(48.588px, 3.037rem + ((1vw - 3.2px) * 3.27), 96px);line-height:1.1\"><strong>76K<\/strong><\/p>\n\n\n\n<p class=\"has-contrast-color has-text-color has-link-color wp-elements-93ffb6baa2aced705a6803103403f7b0\" style=\"padding-right:var(--wp--preset--spacing--30);padding-left:var(--wp--preset--spacing--30);font-size:clamp(15.747px, 0.984rem + ((1vw - 3.2px) * 0.569), 24px);\">projected number of home sales.<\/p>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group ticss-610f3c4f has-border-color has-global-padding is-layout-constrained wp-container-core-group-is-layout-c385debf wp-block-group-is-layout-constrained\" style=\"border-color:#7dc900;border-width:3px;border-radius:40px;padding-top:var(--wp--preset--spacing--20);padding-right:var(--wp--preset--spacing--20);padding-bottom:var(--wp--preset--spacing--20);padding-left:var(--wp--preset--spacing--20)\">\n<div class=\"wp-block-group has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<p class=\"ticss-086e624b has-text-color has-link-color wp-elements-d376fff1e84b1e87cbd0d8bab2fff79e\" style=\"color:#7dc900;padding-top:0;padding-right:var(--wp--preset--spacing--30);padding-bottom:0;padding-left:var(--wp--preset--spacing--30);font-size:clamp(48.588px, 3.037rem + ((1vw - 3.2px) * 3.27), 96px);line-height:1.1\"><strong>$1.147M<\/strong><\/p>\n\n\n\n<p class=\"has-contrast-color has-text-color has-link-color wp-elements-6e27957b0c58242a6e80e1d1a5a830e2\" style=\"padding-right:var(--wp--preset--spacing--30);padding-left:var(--wp--preset--spacing--30);font-size:clamp(15.747px, 0.984rem + ((1vw - 3.2px) * 0.569), 24px);\">average price for homes in the GTA.<\/p>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group myir-grid ticss-51dad1ca is-layout-grid wp-container-core-group-is-layout-5e6b6c71 wp-block-group-is-layout-grid\">\n<div class=\"wp-block-group ticss-58a89f5d has-border-color has-global-padding is-layout-constrained wp-container-core-group-is-layout-c385debf wp-block-group-is-layout-constrained\" style=\"border-color:#7dc900;border-width:3px;border-radius:40px;padding-top:var(--wp--preset--spacing--20);padding-right:var(--wp--preset--spacing--20);padding-bottom:var(--wp--preset--spacing--20);padding-left:var(--wp--preset--spacing--20)\">\n<div class=\"wp-block-group has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<p class=\"ticss-bdb96ead has-text-color has-link-color wp-elements-8ea1b425f2333e38e640cf6e130a48e0\" style=\"color:#7dc900;padding-top:0;padding-right:var(--wp--preset--spacing--30);padding-bottom:0;padding-left:var(--wp--preset--spacing--30);font-size:clamp(48.588px, 3.037rem + ((1vw - 3.2px) * 3.27), 96px);line-height:1.1\"><strong>27%<\/strong><\/p>\n\n\n\n<p class=\"has-contrast-color has-text-color has-link-color wp-elements-49aaa858fb2f98de10bfefccd13d68e6\" style=\"padding-right:var(--wp--preset--spacing--30);padding-left:var(--wp--preset--spacing--30);font-size:clamp(15.747px, 0.984rem + ((1vw - 3.2px) * 0.569), 24px);\">of the survey respondents said they are likely to buy a home in 2025.<\/p>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group ticss-91a27d33 has-border-color has-global-padding is-layout-constrained wp-container-core-group-is-layout-c385debf wp-block-group-is-layout-constrained\" style=\"border-color:#7dc900;border-width:3px;border-radius:40px;padding-top:var(--wp--preset--spacing--20);padding-right:var(--wp--preset--spacing--20);padding-bottom:var(--wp--preset--spacing--20);padding-left:var(--wp--preset--spacing--20)\">\n<div class=\"wp-block-group has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<p class=\"ticss-19cc4a6d has-text-color has-link-color wp-elements-72c6bb64830c87187a727ff1f924d509\" style=\"color:#7dc900;padding-top:0;padding-right:var(--wp--preset--spacing--30);padding-bottom:0;padding-left:var(--wp--preset--spacing--30);font-size:clamp(48.588px, 3.037rem + ((1vw - 3.2px) * 3.27), 96px);line-height:1.1\"><strong>9%<\/strong><\/p>\n\n\n\n<p class=\"has-contrast-color has-text-color has-link-color wp-elements-c1777c0aeab0115919fe7e7c1014c8e0\" style=\"padding-right:var(--wp--preset--spacing--30);padding-left:var(--wp--preset--spacing--30);font-size:clamp(15.747px, 0.984rem + ((1vw - 3.2px) * 0.569), 24px);\">of the respondents said they are very likely to purchase a home this year.<\/p>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group ticss-60e66615 has-border-color has-global-padding is-layout-constrained wp-container-core-group-is-layout-c385debf wp-block-group-is-layout-constrained\" style=\"border-color:#7dc900;border-width:3px;border-radius:40px;padding-top:var(--wp--preset--spacing--20);padding-right:var(--wp--preset--spacing--20);padding-bottom:var(--wp--preset--spacing--20);padding-left:var(--wp--preset--spacing--20)\">\n<div class=\"wp-block-group has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<p class=\"ticss-7874a759 has-text-color has-link-color wp-elements-7053a13d774817838fbee80003359388\" style=\"color:#7dc900;padding-top:0;padding-right:var(--wp--preset--spacing--30);padding-bottom:0;padding-left:var(--wp--preset--spacing--30);font-size:clamp(48.588px, 3.037rem + ((1vw - 3.2px) * 3.27), 96px);line-height:1.1\"><strong>2\/3<\/strong><\/p>\n\n\n\n<p class=\"has-contrast-color has-text-color has-link-color wp-elements-65ba27a991d4cdbb34798e01789f4f31\" style=\"padding-right:var(--wp--preset--spacing--30);padding-left:var(--wp--preset--spacing--30);font-size:clamp(15.747px, 0.984rem + ((1vw - 3.2px) * 0.569), 24px);\">of renters said they would not tolerate further rent increases before considering purchasing a home.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n<div id=\"wp-block-themeisle-blocks-advanced-columns-521f961a\" class=\"wp-block-themeisle-blocks-advanced-columns has-1-columns has-desktop-equal-layout has-tablet-equal-layout has-mobile-equal-layout has-vertical-unset\"><div class=\"wp-block-themeisle-blocks-advanced-columns-overlay\"><\/div><div class=\"innerblocks-wrap\">\n<div id=\"wp-block-themeisle-blocks-advanced-column-3088e875\" class=\"wp-block-themeisle-blocks-advanced-column\">\n<hr class=\"wp-block-separator has-text-color has-base-2-color has-alpha-channel-opacity has-base-2-background-color has-background is-style-wide section-line\" style=\"margin-top:0;margin-bottom:0\" id=\"leaderQuotes\"\/>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide section-line\" style=\"margin-top:var(--wp--preset--spacing--40);margin-bottom:0;background-color:#ff6a14;color:#ff6a14\"\/>\n\n\n\n<p class=\"mo-section-header ticss-bffad9e7 has-background has-effra-font-family\" style=\"background-color:#f1f1f1;margin-top:10px;margin-right:0;margin-bottom:20px;margin-left:0;padding-top:25px;padding-bottom:25px;padding-left:var(--wp--preset--spacing--60);font-size:clamp(20.515px, 1.282rem + ((1vw - 3.2px) * 0.861), 33px);font-style:normal;font-weight:700;line-height:1.5\">Solutions from TRREB Leaders and Policymakers<\/p>\n\n\n\n<p class=\"ticss-949443a5\" style=\"padding-top:0px;padding-right:var(--wp--preset--spacing--60);padding-bottom:0px;padding-left:var(--wp--preset--spacing--60);font-size:clamp(15.747px, 0.984rem + ((1vw - 3.2px) * 0.569), 24px);\">Click on each headshot to read solutions for housing affordability and supply issues.<\/p>\n<\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-group ticss-6942b483 is-layout-flow wp-block-group-is-layout-flow\" style=\"padding-right:40px;padding-bottom:40px;padding-left:40px\">\n<div class=\"wp-block-gutsliders-any-content gutslider-319fc510 nav_outside nav_cc ticss-d3ddfd95\" data-swiper-options=\"{&quot;slidesPerView&quot;:1,&quot;spaceBetween&quot;:0,&quot;loop&quot;:true,&quot;autoplay&quot;:{&quot;delay&quot;:3000,&quot;pauseOnMouseEnter&quot;:true,&quot;stopOnLastSlide&quot;:false,&quot;reverseDirection&quot;:false},&quot;speed&quot;:1000,&quot;effect&quot;:&quot;slide&quot;,&quot;creativeEffect&quot;:{&quot;prev&quot;:{&quot;shadow&quot;:true,&quot;translate&quot;:[&quot;-20%&quot;,0,-1]},&quot;next&quot;:{&quot;translate&quot;:[&quot;100%&quot;,0,0]}},&quot;keyboard&quot;:{&quot;enabled&quot;:false},&quot;mousewheel&quot;:false,&quot;breakpoints&quot;:{&quot;320&quot;:{&quot;slidesPerView&quot;:&quot;1&quot;,&quot;spaceBetween&quot;:15},&quot;768&quot;:{&quot;slidesPerView&quot;:&quot;2&quot;,&quot;spaceBetween&quot;:15},&quot;1025&quot;:{&quot;slidesPerView&quot;:&quot;5&quot;,&quot;spaceBetween&quot;:36}},&quot;navigation&quot;:{&quot;nextEl&quot;:&quot;.gutslider-319fc510 .gutslider-next&quot;,&quot;prevEl&quot;:&quot;.gutslider-319fc510 .gutslider-prev&quot;},&quot;pagination&quot;:{&quot;el&quot;:&quot;.gutslider-319fc510 .swiper-pagination&quot;,&quot;type&quot;:&quot;bullets&quot;,&quot;dynamicBullets&quot;:false,&quot;clickable&quot;:true}}\"><div class=\"swiper\"><div class=\"swiper-wrapper\">\n<div class=\"wp-block-gutsliders-slide swiper-slide popmake-4286 popmake-4286\"><div class=\"swiper-container-outer\" style=\"background-color:;background-image:url();background-size:cover;background-position:center center;background-repeat:no-repeat\"><div class=\"gutslider-content-inner\">\n<figure class=\"wp-block-image size-full hvr-shrink\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-john-D.webp\" alt=\"\" class=\"wp-image-4193\" srcset=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-john-D.webp 600w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-john-D-300x300.webp 300w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-john-D-150x150.webp 150w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\" style=\"margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;font-size:clamp(15.747px, 0.984rem + ((1vw - 3.2px) * 0.569), 24px);line-height:1.3\"><strong>John DiMichele<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-center\" style=\"margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;padding-top:1px;padding-right:0px;padding-bottom:0px;padding-left:0px;font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.414), 20px);line-height:1.3\">CEO, Toronto Regional Real Estate Board<\/p>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-gutsliders-slide swiper-slide popmake-4289 popmake-4289\"><div class=\"swiper-container-outer\" style=\"background-color:;background-image:url();background-size:cover;background-position:center center;background-repeat:no-repeat\"><div class=\"gutslider-content-inner\">\n<figure class=\"wp-block-image size-full hvr-shrink\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-elechia.webp\" alt=\"\" class=\"wp-image-4195\" srcset=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-elechia.webp 600w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-elechia-300x300.webp 300w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-elechia-150x150.webp 150w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\" style=\"margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;font-size:clamp(15.747px, 0.984rem + ((1vw - 3.2px) * 0.569), 24px);line-height:1.3\"><strong>Elechia Barry-Sproule<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-center\" style=\"margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;padding-top:1px;padding-right:0px;padding-bottom:0px;padding-left:0px;font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.414), 20px);line-height:1.3\">President, Toronto Regional Real Estate Board<\/p>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-gutsliders-slide swiper-slide popmake-2933 popmake-2933\"><div class=\"swiper-container-outer\" style=\"background-color:;background-image:url();background-size:cover;background-position:center center;background-repeat:no-repeat\"><div class=\"gutslider-content-inner\">\n<figure class=\"wp-block-image size-full hvr-shrink\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-doug-F.webp\" alt=\"\" class=\"wp-image-4184\" srcset=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-doug-F.webp 600w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-doug-F-300x300.webp 300w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-doug-F-150x150.webp 150w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\" style=\"margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;font-size:clamp(15.747px, 0.984rem + ((1vw - 3.2px) * 0.569), 24px);line-height:1.3\"><strong>Hon. Doug Ford<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-center\" style=\"margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;padding-top:1px;padding-right:0px;padding-bottom:0px;padding-left:0px;font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.414), 20px);line-height:1.3\">Premier, Province of Ontario<\/p>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-gutsliders-slide swiper-slide popmake-4237 popmake-4237\"><div class=\"swiper-container-outer\" style=\"background-color:;background-image:url();background-size:cover;background-position:center center;background-repeat:no-repeat\"><div class=\"gutslider-content-inner\">\n<figure class=\"wp-block-image size-full hvr-shrink\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-olivia.webp\" alt=\"\" class=\"wp-image-4188\" srcset=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-olivia.webp 600w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-olivia-300x300.webp 300w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-olivia-150x150.webp 150w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\" style=\"margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;font-size:clamp(15.747px, 0.984rem + ((1vw - 3.2px) * 0.569), 24px);line-height:1.3\"><strong>Olivia Chow<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-center\" style=\"margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;padding-top:1px;padding-right:0px;padding-bottom:0px;padding-left:0px;font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.414), 20px);line-height:1.3\">Mayor, City of Toronto<\/p>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-gutsliders-slide swiper-slide popmake-4244 popmake-4244\"><div class=\"swiper-container-outer\" style=\"background-color:;background-image:url();background-size:cover;background-position:center center;background-repeat:no-repeat\"><div class=\"gutslider-content-inner\">\n<figure class=\"wp-block-image size-full hvr-shrink\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-basil.webp\" alt=\"\" class=\"wp-image-4200\" srcset=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-basil.webp 600w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-basil-300x300.webp 300w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-basil-150x150.webp 150w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\" style=\"margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;font-size:clamp(15.747px, 0.984rem + ((1vw - 3.2px) * 0.569), 24px);line-height:1.3\"><strong>Basil Clarke<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-center\" style=\"margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;padding-top:1px;padding-right:0px;padding-bottom:0px;padding-left:0px;font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.414), 20px);line-height:1.3\">Warden, Simcoe County<\/p>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-gutsliders-slide swiper-slide popmake-4248 popmake-4248\"><div class=\"swiper-container-outer\" style=\"background-color:;background-image:url();background-size:cover;background-position:center center;background-repeat:no-repeat\"><div class=\"gutslider-content-inner\">\n<figure class=\"wp-block-image size-full hvr-shrink\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-alex-1.webp\" alt=\"\" class=\"wp-image-4201\" srcset=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-alex-1.webp 600w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-alex-1-300x300.webp 300w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-alex-1-150x150.webp 150w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\" style=\"margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;font-size:clamp(15.747px, 0.984rem + ((1vw - 3.2px) * 0.569), 24px);line-height:1.3\"><strong>Alex Nuttall <\/strong><\/p>\n\n\n\n<p class=\"has-text-align-center\" style=\"margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;padding-top:1px;padding-right:0px;padding-bottom:0px;padding-left:0px;font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.414), 20px);line-height:1.3\">Mayor, City of Barrie<\/p>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-gutsliders-slide swiper-slide popmake-4257 popmake-4257\"><div class=\"swiper-container-outer\" style=\"background-color:;background-image:url();background-size:cover;background-position:center center;background-repeat:no-repeat\"><div class=\"gutslider-content-inner\">\n<figure class=\"wp-block-image size-full hvr-shrink\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-david.webp\" alt=\"\" class=\"wp-image-4197\" srcset=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-david.webp 600w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-david-300x300.webp 300w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-david-150x150.webp 150w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\" style=\"margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;font-size:clamp(15.747px, 0.984rem + ((1vw - 3.2px) * 0.569), 24px);line-height:1.3\"><strong>David West<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-center\" style=\"margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;padding-top:1px;padding-right:0px;padding-bottom:0px;padding-left:0px;font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.414), 20px);line-height:1.3\">Mayor, City of Richmond Hill<\/p>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-gutsliders-slide swiper-slide popmake-4260 popmake-4260\"><div class=\"swiper-container-outer\" style=\"background-color:;background-image:url();background-size:cover;background-position:center center;background-repeat:no-repeat\"><div class=\"gutslider-content-inner\">\n<figure class=\"wp-block-image size-full hvr-shrink\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-steven.webp\" alt=\"\" class=\"wp-image-4185\" srcset=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-steven.webp 600w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-steven-300x300.webp 300w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-steven-150x150.webp 150w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\" style=\"margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;font-size:clamp(15.747px, 0.984rem + ((1vw - 3.2px) * 0.569), 24px);line-height:1.3\"><strong>Steven Del Duca<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-center\" style=\"margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;padding-top:1px;padding-right:0px;padding-bottom:0px;padding-left:0px;font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.414), 20px);line-height:1.3\">Mayor, City of Vaughan<\/p>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-gutsliders-slide swiper-slide popmake-4264 popmake-4264\"><div class=\"swiper-container-outer\" style=\"background-color:;background-image:url();background-size:cover;background-position:center center;background-repeat:no-repeat\"><div class=\"gutslider-content-inner\">\n<figure class=\"wp-block-image size-full hvr-shrink\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-john-H.webp\" alt=\"\" class=\"wp-image-4192\" srcset=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-john-H.webp 600w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-john-H-300x300.webp 300w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-john-H-150x150.webp 150w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\" style=\"margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;font-size:clamp(15.747px, 0.984rem + ((1vw - 3.2px) * 0.569), 24px);line-height:1.3\"><strong>John Henry<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-center\" style=\"margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;padding-top:1px;padding-right:0px;padding-bottom:0px;padding-left:0px;font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.414), 20px);line-height:1.3\">Chair, Region of Durham<\/p>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-gutsliders-slide swiper-slide popmake-4267 popmake-4267\"><div class=\"swiper-container-outer\" style=\"background-color:;background-image:url();background-size:cover;background-position:center center;background-repeat:no-repeat\"><div class=\"gutslider-content-inner\">\n<figure class=\"wp-block-image size-full hvr-shrink\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-dan.webp\" alt=\"\" class=\"wp-image-4198\" srcset=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-dan.webp 600w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-dan-300x300.webp 300w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-dan-150x150.webp 150w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\" style=\"margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;font-size:clamp(15.747px, 0.984rem + ((1vw - 3.2px) * 0.569), 24px);line-height:1.3\"><strong>Dan Carter<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-center\" style=\"margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;padding-top:1px;padding-right:0px;padding-bottom:0px;padding-left:0px;font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.414), 20px);line-height:1.3\">Mayor, City of Oshawa<\/p>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-gutsliders-slide swiper-slide popmake-4270 popmake-4270\"><div class=\"swiper-container-outer\" style=\"background-color:;background-image:url();background-size:cover;background-position:center center;background-repeat:no-repeat\"><div class=\"gutslider-content-inner\">\n<figure class=\"wp-block-image size-full hvr-shrink\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-kevin.webp\" alt=\"\" class=\"wp-image-4191\" srcset=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-kevin.webp 600w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-kevin-300x300.webp 300w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-kevin-150x150.webp 150w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\" style=\"margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;font-size:clamp(15.747px, 0.984rem + ((1vw - 3.2px) * 0.569), 24px);line-height:1.3\"><strong>Kevin Ashe<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-center\" style=\"margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;padding-top:1px;padding-right:0px;padding-bottom:0px;padding-left:0px;font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.414), 20px);line-height:1.3\">Mayor, City of Pickering<\/p>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-gutsliders-slide swiper-slide popmake-4273 popmake-4273\"><div class=\"swiper-container-outer\" style=\"background-color:;background-image:url();background-size:cover;background-position:center center;background-repeat:no-repeat\"><div class=\"gutslider-content-inner\">\n<figure class=\"wp-block-image size-full hvr-shrink\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-nando.webp\" alt=\"\" class=\"wp-image-4189\" srcset=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-nando.webp 600w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-nando-300x300.webp 300w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-nando-150x150.webp 150w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\" style=\"margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;font-size:clamp(15.747px, 0.984rem + ((1vw - 3.2px) * 0.569), 24px);line-height:1.3\"><strong>Nando Iannicca<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-center\" style=\"margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;padding-top:1px;padding-right:0px;padding-bottom:0px;padding-left:0px;font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.414), 20px);line-height:1.3\">Chair, Region of Peel<\/p>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-gutsliders-slide swiper-slide popmake-4277 popmake-4277\"><div class=\"swiper-container-outer\" style=\"background-color:;background-image:url();background-size:cover;background-position:center center;background-repeat:no-repeat\"><div class=\"gutslider-content-inner\">\n<figure class=\"wp-block-image size-full hvr-shrink\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-carolyn.webp\" alt=\"\" class=\"wp-image-4199\" srcset=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-carolyn.webp 600w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-carolyn-300x300.webp 300w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-carolyn-150x150.webp 150w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\" style=\"margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;font-size:clamp(15.747px, 0.984rem + ((1vw - 3.2px) * 0.569), 24px);line-height:1.3\"><strong>Carolyn Parrish<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-center\" style=\"margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;padding-top:1px;padding-right:0px;padding-bottom:0px;padding-left:0px;font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.414), 20px);line-height:1.3\">Mayor, City of Mississauga<\/p>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-gutsliders-slide swiper-slide popmake-4280 popmake-4280\"><div class=\"swiper-container-outer\" style=\"background-color:;background-image:url();background-size:cover;background-position:center center;background-repeat:no-repeat\"><div class=\"gutslider-content-inner\">\n<figure class=\"wp-block-image size-full hvr-shrink\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-patrick.webp\" alt=\"\" class=\"wp-image-4187\" srcset=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-patrick.webp 600w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-patrick-300x300.webp 300w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-patrick-150x150.webp 150w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\" style=\"margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;font-size:clamp(15.747px, 0.984rem + ((1vw - 3.2px) * 0.569), 24px);line-height:1.3\"><strong>Patrick Brown<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-center\" style=\"margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;padding-top:1px;padding-right:0px;padding-bottom:0px;padding-left:0px;font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.414), 20px);line-height:1.3\">Mayor, City of Brampton<\/p>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-gutsliders-slide swiper-slide popmake-4283 popmake-4283\"><div class=\"swiper-container-outer\" style=\"background-color:;background-image:url();background-size:cover;background-position:center center;background-repeat:no-repeat\"><div class=\"gutslider-content-inner\">\n<figure class=\"wp-block-image size-full hvr-shrink\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-gary.webp\" alt=\"\" class=\"wp-image-4194\" srcset=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-gary.webp 600w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-gary-300x300.webp 300w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/lead-gary-150x150.webp 150w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\" style=\"margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;font-size:clamp(15.747px, 0.984rem + ((1vw - 3.2px) * 0.569), 24px);line-height:1.3\"><strong>Gary Carr<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-center\" style=\"margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;padding-top:1px;padding-right:0px;padding-bottom:0px;padding-left:0px;font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.414), 20px);line-height:1.3\">Chair, Region of Halton<\/p>\n<\/div><\/div><\/div>\n<\/div><div class=\"swiper-pagination\"><\/div><\/div><div class=\"gutslider-nav nav_outside nav_cc\"><div class=\"gutslider-prev\"><svg class=\"swiper-button-prev::after\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 40 70\"><path d=\"M1.449,31.441h0L31.434,1.47c1.959-1.959,5.117-1.959,7.076,0,1.959,1.959,1.959,5.119,0,7.078l-26.427,26.452,26.447,26.452c1.959,1.959,1.959,5.119,0,7.078s-5.117,1.959-7.076,0L1.469,38.539c-1.959-1.959-1.959-5.119,0-7.078l-.02-.02Z\" fill=\"#fff\"\/><\/svg><\/div><div class=\"gutslider-next\"><svg class=\"swiper-button-next::after\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 40 70\"><path d=\"M38.531,31.461c1.959,1.959,1.959,5.119,0,7.078l-29.985,29.991c-1.959,1.959-5.117,1.959-7.076,0s-1.959-5.119,0-7.078l26.447-26.452L1.489,8.548C-.47,6.588-.47,3.429,1.489,1.47,3.448-.49,6.607-.49,8.566,1.47l29.985,29.971h0l-.02.02Z\" fill=\"#fff\"\/><\/svg><\/div><\/div><\/div>\n<\/div>\n\n\n\n<div id=\"wp-block-themeisle-blocks-advanced-columns-a7e09483\" class=\"wp-block-themeisle-blocks-advanced-columns has-1-columns has-desktop-equal-layout has-tablet-equal-layout has-mobile-equal-layout has-vertical-unset\"><div class=\"wp-block-themeisle-blocks-advanced-columns-overlay\"><\/div><div class=\"innerblocks-wrap\">\n<div id=\"wp-block-themeisle-blocks-advanced-column-5aaa97aa\" class=\"wp-block-themeisle-blocks-advanced-column\">\n<hr class=\"wp-block-separator has-text-color has-base-2-color has-alpha-channel-opacity has-base-2-background-color has-background has-light-content-bg has-light-title-bg is-style-default\" style=\"margin-top:0;margin-bottom:0\" id=\"regionMoving\"\/>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background has-light-content-bg has-light-title-bg is-style-wide\" style=\"margin-top:var(--wp--preset--spacing--40);margin-bottom:0;background-color:#7dc900;color:#7dc900\"\/>\n\n\n\n<p class=\"mo-section-header ticss-f215dd3a has-background has-effra-font-family\" style=\"background-color:#f1f1f1;margin-top:10px;margin-right:0;margin-bottom:20px;margin-left:0;padding-top:25px;padding-bottom:25px;padding-left:var(--wp--preset--spacing--60);font-size:clamp(20.515px, 1.282rem + ((1vw - 3.2px) * 0.861), 33px);font-style:normal;font-weight:700;line-height:0\"><strong>Getting Our Region Moving<\/strong><\/p>\n\n\n\n<div class=\"wp-block-group ticss-abe68a3f is-nowrap is-layout-flex wp-container-core-group-is-layout-6cd06366 wp-block-group-is-layout-flex\" style=\"padding-top:0;padding-right:0;padding-bottom:15px;padding-left:var(--wp--preset--spacing--60);font-size:clamp(15.747px, 0.984rem + ((1vw - 3.2px) * 0.569), 24px);\">\n<div class=\"wp-block-columns wp-container-content-9cfa9a5a is-layout-flex wp-container-core-columns-is-layout-65e523f9 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\">\n<p class=\"ticss-8dcbaa4f\" style=\"padding-top:0px;padding-right:var(--wp--preset--spacing--60);padding-bottom:15px;padding-left:0;font-size:clamp(15.747px, 0.984rem + ((1vw - 3.2px) * 0.569), 24px);\">We are witnessing a severe congestion crisis in the Toronto region, which impacts both productivity and the economy. Ipsos conducted polling for the Toronto Region Board of Trade about the congestion problem facing the city since COVID-19.<\/p>\n\n\n\n<div class=\"wp-block-buttons region-button wp-container-content-c9763a5f is-content-justification-left is-nowrap is-layout-flex wp-container-core-buttons-is-layout-94618eae wp-block-buttons-is-layout-flex\" style=\"margin-top:0;margin-bottom:0;padding-top:0;padding-right:0;padding-bottom:0;padding-left:0\">\n<div class=\"wp-block-button has-custom-font-size hvr-grow\" style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.138), 16px);\"><a class=\"wp-block-button__link has-background wp-element-button\" href=\"https:\/\/bot.com\/News\/New-Board-of-Trade-Congestion-Polling-Shines-Spotlight-on-Congestion\" style=\"background-color:#7dc900;padding-top:8px;padding-right:var(--wp--preset--spacing--30);padding-bottom:8px;padding-left:var(--wp--preset--spacing--30)\" target=\"_blank\" rel=\"noreferrer noopener\">Read the Full Research<\/a><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group ticss-c9e1e4d3 is-layout-grid wp-container-core-group-is-layout-8bddac29 wp-block-group-is-layout-grid\" style=\"padding-top:var(--wp--preset--spacing--30);padding-right:var(--wp--preset--spacing--60);padding-bottom:var(--wp--preset--spacing--30);padding-left:0\">\n<div class=\"wp-block-group ticss-0107be02 has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\" style=\"border-top-style:none;border-top-width:0px;border-right-style:none;border-right-width:0px;border-bottom-color:#7dc900;border-bottom-width:4px;border-left-style:none;border-left-width:0px\">\n<figure class=\"wp-block-image size-full is-style-default has-light-content-bg has-light-title-bg\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"300\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/congestion5.jpg\" alt=\"\" class=\"wp-image-4006\" srcset=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/congestion5.jpg 800w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/congestion5-300x113.jpg 300w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/congestion5-768x288.jpg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/figure>\n\n\n\n<div id=\"wp-block-themeisle-blocks-accordion-7f5bc403\" class=\"wp-block-themeisle-blocks-accordion exclusive no-gap icon-first has-icon has-open-icon has-light-content-bg  is-style-default has-light-title-bg\">\n<details class=\"wp-block-themeisle-blocks-accordion-item\"><summary class=\"wp-block-themeisle-blocks-accordion-item__title\"><div><strong>Toronto\u2019s congestion challenges have escalated post-COVID<\/strong><\/div><\/summary><div class=\"wp-block-themeisle-blocks-accordion-item__content\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-fe9cc265 wp-block-group-is-layout-flex\">\n<p>A typical 30-minute weekday afternoon commute in 2019 now takes 33 minutes, indicating that the traffic levels in 2023\u201324 exceed pre-pandemic levels. Weekend congestion also increased with mid-day peaks now surpassing weekday morning rush hours, suggesting a change in travel patterns of residents. That\u2019s why 86% of residents believe congestion is a significant problem. Fifty-seven per cent say there are too many cars and trucks on the road, emphasizing the overcapacity on our streets as a significant contributor to the problem.<\/p>\n<\/div>\n<\/div><\/details>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group ticss-da12c5be has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\" style=\"border-top-style:none;border-top-width:0px;border-right-style:none;border-right-width:0px;border-bottom-color:#7dc900;border-bottom-width:4px;border-left-style:none;border-left-width:0px\">\n<figure class=\"wp-block-image size-full is-style-default has-light-content-bg has-light-title-bg\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"300\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/congestion2.jpg\" alt=\"\" class=\"wp-image-4003\" srcset=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/congestion2.jpg 800w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/congestion2-300x113.jpg 300w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/congestion2-768x288.jpg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/figure>\n\n\n\n<div id=\"wp-block-themeisle-blocks-accordion-9617145e\" class=\"wp-block-themeisle-blocks-accordion exclusive no-gap icon-first has-icon has-open-icon has-light-content-bg has-light-title-bg is-style-default\">\n<details class=\"wp-block-themeisle-blocks-accordion-item\"><summary class=\"wp-block-themeisle-blocks-accordion-item__title\"><div><strong>Congestion has many implications that deeply affect the lives of Torontonians<\/strong><\/div><\/summary><div class=\"wp-block-themeisle-blocks-accordion-item__content\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-fe9cc265 wp-block-group-is-layout-flex\">\n<p>The economic impact stands out. According to the data, congestion costs over $11 billion annually in productivity losses.&nbsp;The city businesses suffer from operational challenges and reduced foot traffic, as more than half of the respondents (54%) in the poll are considering relocation while 64% are reluctant to commute to work because of traffic challenges. The departure of skilled workers from the city means that we would see decreased economic growth. Eighty-five per cent of residents agree that traffic and congestion negatively impact the economy in the GTA, showing that they understand the broader economic implications.<\/p>\n<\/div>\n<\/div><\/details>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group ticss-e2fa87d4 has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\" style=\"border-top-style:none;border-top-width:0px;border-right-style:none;border-right-width:0px;border-bottom-color:#7dc900;border-bottom-width:4px;border-left-style:none;border-left-width:0px\">\n<figure class=\"wp-block-image size-full is-style-default has-light-content-bg has-light-title-bg\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"300\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/congestion3.jpg\" alt=\"\" class=\"wp-image-4004\" srcset=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/congestion3.jpg 800w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/congestion3-300x113.jpg 300w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/congestion3-768x288.jpg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/figure>\n\n\n\n<div id=\"wp-block-themeisle-blocks-accordion-303ddfa1\" class=\"wp-block-themeisle-blocks-accordion exclusive no-gap icon-first has-icon has-open-icon has-light-content-bg has-light-title-bg is-style-default\">\n<details class=\"wp-block-themeisle-blocks-accordion-item\"><summary class=\"wp-block-themeisle-blocks-accordion-item__title\"><div><strong>The poll shows a staggering societal impact on GTA residents along with the economic one<\/strong><\/div><\/summary><div class=\"wp-block-themeisle-blocks-accordion-item__content\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-fe9cc265 wp-block-group-is-layout-flex\">\n<p>Nearly a third of poll respondents (31%) report avoiding social and recreational activities due to traffic concerns. This results in mental health problems as social connections are limited. Forty-two per cent of respondents say they also avoid shopping, going out for entertainment or a sporting event and 38% say they refrain from dining out, significantly impacting the social interactions as well as the retail sector.&nbsp;These disruptions to daily activities pose a threat to our quality of life along with the personal inconveniences caused by traffic congestion.<\/p>\n<\/div>\n<\/div><\/details>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group ticss-c531f95e has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\" style=\"border-top-style:none;border-top-width:0px;border-right-style:none;border-right-width:0px;border-bottom-color:#7dc900;border-bottom-width:4px;border-left-style:none;border-left-width:0px\">\n<figure class=\"wp-block-image size-full is-style-default has-light-content-bg has-light-title-bg\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"300\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/congestion4.jpg\" alt=\"\" class=\"wp-image-4005\" srcset=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/congestion4.jpg 800w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/congestion4-300x113.jpg 300w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2024\/12\/congestion4-768x288.jpg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/figure>\n\n\n\n<div id=\"wp-block-themeisle-blocks-accordion-949f7e7c\" class=\"wp-block-themeisle-blocks-accordion exclusive no-gap icon-first has-icon has-open-icon has-light-content-bg has-light-title-bg is-style-default\">\n<details class=\"wp-block-themeisle-blocks-accordion-item\"><summary class=\"wp-block-themeisle-blocks-accordion-item__title\"><div><strong>Respondents would rather experience short-term inconveniences for long-term benefits<\/strong><\/div><\/summary><div class=\"wp-block-themeisle-blocks-accordion-item__content\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-fe9cc265 wp-block-group-is-layout-flex\">\n<p>According to the poll, the respondents would rather experience short-term inconveniences for long-term benefits if it makes clearing up congested streets faster. Seventy-three per cent of respondents support 24-hour road construction and 74% support 24-hour public transit construction. On the other hand, 68% believe &#8220;too much construction at the same time and mismanagement of construction schedules&#8221;&nbsp;are the main reasons for congestion, suggesting frustration among residents regarding the current practices of construction projects.<\/p>\n<\/div>\n<\/div><\/details>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column ticss-b25430be is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\">\n<figure class=\"wp-block-image size-full congestion-splash\" style=\"margin-left:24px\"><img loading=\"lazy\" decoding=\"async\" width=\"715\" height=\"900\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/2025-MYIR-Getting-Our-Region-Moving.png\" alt=\"\" class=\"wp-image-5060\" srcset=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/2025-MYIR-Getting-Our-Region-Moving.png 715w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/2025-MYIR-Getting-Our-Region-Moving-238x300.png 238w\" sizes=\"auto, (max-width: 715px) 100vw, 715px\" \/><\/figure>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n<div id=\"wp-block-themeisle-blocks-advanced-columns-88ce98fd\" class=\"wp-block-themeisle-blocks-advanced-columns has-1-columns has-desktop-equal-layout has-tablet-equal-layout has-mobile-equal-layout has-vertical-unset\"><div class=\"wp-block-themeisle-blocks-advanced-columns-overlay\"><\/div><div class=\"innerblocks-wrap\">\n<div id=\"wp-block-themeisle-blocks-advanced-column-ac736c51\" class=\"wp-block-themeisle-blocks-advanced-column\">\n<hr class=\"wp-block-separator has-text-color has-base-2-color has-alpha-channel-opacity has-base-2-background-color has-background has-light-content-bg has-light-title-bg is-style-default\" style=\"margin-top:0;margin-bottom:0\" id=\"fairTaxes\"\/>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background has-light-content-bg has-light-title-bg is-style-wide\" style=\"margin-top:var(--wp--preset--spacing--40);margin-bottom:0;background-color:#ff6a14;color:#ff6a14\"\/>\n\n\n\n<p class=\"mo-section-header ticss-8fbd2d97 has-background has-effra-font-family\" style=\"background-color:#f1f1f1;margin-top:10px;margin-right:0;margin-bottom:20px;margin-left:0;padding-top:25px;padding-bottom:25px;padding-left:var(--wp--preset--spacing--60);font-size:clamp(20.515px, 1.282rem + ((1vw - 3.2px) * 0.861), 33px);font-style:normal;font-weight:700;line-height:1.5\"><strong>Fair Taxes on Ontario Homes<\/strong><\/p>\n\n\n\n<div class=\"wp-block-group taxes-text ticss-1714a4a6 is-nowrap is-layout-flex wp-container-core-group-is-layout-5d0dc778 wp-block-group-is-layout-flex\" style=\"padding-top:0;padding-right:var(--wp--preset--spacing--60);padding-bottom:15px;padding-left:0;font-size:clamp(15.747px, 0.984rem + ((1vw - 3.2px) * 0.569), 24px);\">\n<div class=\"wp-block-columns wp-container-content-9cfa9a5a is-layout-flex wp-container-core-columns-is-layout-65e523f9 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column ticss-687a8ee1 is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\">\n<figure class=\"wp-block-image size-full taxes-splash\" style=\"margin-top:var(--wp--preset--spacing--10);margin-right:0px;margin-bottom:var(--wp--preset--spacing--10);margin-left:0px\"><img loading=\"lazy\" decoding=\"async\" width=\"715\" height=\"900\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/2025-MYIR-Fair-Taxes-on-Ontario-Homes.png\" alt=\"\" class=\"wp-image-5059\" srcset=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/2025-MYIR-Fair-Taxes-on-Ontario-Homes.png 715w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/2025-MYIR-Fair-Taxes-on-Ontario-Homes-238x300.png 238w\" sizes=\"auto, (max-width: 715px) 100vw, 715px\" \/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column ticss-7f0fa3a1 is-layout-flow wp-block-column-is-layout-flow\" style=\"padding-right:var(--wp--preset--spacing--40);padding-left:var(--wp--preset--spacing--60);flex-basis:66.66%\">\n<p class=\"ticss-573ba20f\" style=\"padding-right:0;padding-bottom:15px;padding-left:0;font-size:clamp(15.747px, 0.984rem + ((1vw - 3.2px) * 0.569), 24px);\">Homeowners, buyers and sellers are increasingly facing financial pressure due to rising property taxes, development charges, and land transfer taxes. These financial burdens are contributing to the province\u2019s housing affordability and supply crisis. For consumers, high taxes on housing make homeownership more difficult for both new buyers and existing owners.<\/p>\n\n\n\n<p class=\"ticss-e90a4312\" style=\"padding-right:0;padding-bottom:15px;padding-left:0;font-size:clamp(15.747px, 0.984rem + ((1vw - 3.2px) * 0.569), 24px);\">TRREB\u2019s report presents five policy recommendations aimed at addressing issues within Ontario\u2019s tax, development charge and municipal funding frameworks. These recommendations are designed to support a strong taxation system and ensure fairness, affordability, and transparency for property owners, homebuyers, and municipalities.<\/p>\n\n\n\n<div class=\"wp-block-buttons region-button wp-container-content-c9763a5f is-content-justification-left is-nowrap is-layout-flex wp-container-core-buttons-is-layout-010123b1 wp-block-buttons-is-layout-flex\" style=\"margin-top:0;margin-bottom:0;padding-top:0;padding-right:0;padding-bottom:var(--wp--preset--spacing--40);padding-left:0\">\n<div class=\"wp-block-button has-custom-font-size hvr-grow taxes-button\" style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.138), 16px);\"><a class=\"wp-block-button__link has-background wp-element-button\" href=\"https:\/\/trreb.ca\/hlfiles\/pdf\/TRREB-FAIR-TAXES-ON-ONTARIO-HOMES.pdf\" style=\"background-color:#ff6a14;padding-top:8px;padding-right:var(--wp--preset--spacing--30);padding-bottom:8px;padding-left:var(--wp--preset--spacing--30)\" target=\"_blank\" rel=\"noreferrer noopener\">Read the Full Report<\/a><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group has-light-content-bg ticss-d05a002a is-layout-flow wp-container-core-group-is-layout-c05af33b wp-block-group-is-layout-flow\" style=\"border-bottom-color:#ff6a14;border-bottom-width:4px;margin-top:0;margin-bottom:0;padding-top:0;padding-right:0;padding-bottom:0;padding-left:0\">\n<div id=\"wp-block-themeisle-blocks-accordion-423a60f4\" class=\"wp-block-themeisle-blocks-accordion exclusive icon-first has-icon has-open-icon has-light-content-bg\">\n<details class=\"wp-block-themeisle-blocks-accordion-item is-style-default has-light-content-bg has-light-title-bg\"><summary class=\"wp-block-themeisle-blocks-accordion-item__title\"><div><strong><strong>Decreasing Development Charges<\/strong><\/strong><\/div><\/summary><div class=\"wp-block-themeisle-blocks-accordion-item__content\">\n<div class=\"wp-block-media-text is-stacked-on-mobile is-image-fill-element\" style=\"margin-right:0;margin-left:0;padding-right:0;padding-left:0;grid-template-columns:38% auto\"><figure class=\"wp-block-media-text__media\"><img loading=\"lazy\" decoding=\"async\" width=\"443\" height=\"845\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/fair-taxes-03.jpg\" alt=\"\" class=\"wp-image-5115 size-full\" style=\"object-position:50% 50%\" srcset=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/fair-taxes-03.jpg 443w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/fair-taxes-03-157x300.jpg 157w\" sizes=\"auto, (max-width: 443px) 100vw, 443px\" \/><\/figure><div class=\"wp-block-media-text__content\">\n<p>Development charges, taxes and fees add tens of thousands of dollars to the cost of homes in the Greater Toronto Area. The total tax and fee burden in Ontario now account for almost 36% of the price of a new home in Ontario. For an average new home constructed in Ontario priced at $1.069 million, total government taxes and fees rise to $380,000, which are passed down to new homebuyers, resulting in higher home prices, increased unaffordability and limiting viability of building more affordable stock.<\/p>\n<\/div><\/div>\n<\/div><\/details>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group has-light-content-bg ticss-9bb5a99f is-layout-flow wp-block-group-is-layout-flow\" style=\"border-bottom-color:#ff6a14;border-bottom-width:4px;padding-top:0;padding-bottom:0;padding-left:0\">\n<div id=\"wp-block-themeisle-blocks-accordion-38aed2be\" class=\"wp-block-themeisle-blocks-accordion exclusive icon-first has-icon has-open-icon has-light-content-bg\">\n<details class=\"wp-block-themeisle-blocks-accordion-item is-style-default has-light-content-bg has-light-title-bg\"><summary class=\"wp-block-themeisle-blocks-accordion-item__title\"><div><strong><strong>Updating<\/strong> <strong>the Federal HST Home Rebate<\/strong><\/strong><\/div><\/summary><div class=\"wp-block-themeisle-blocks-accordion-item__content\">\n<div class=\"wp-block-media-text is-stacked-on-mobile is-image-fill-element\" style=\"grid-template-columns:38% auto\"><figure class=\"wp-block-media-text__media\"><img loading=\"lazy\" decoding=\"async\" width=\"443\" height=\"845\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/fair-taxes-04.jpg\" alt=\"\" class=\"wp-image-5114 size-full\" style=\"object-position:50% 50%\" srcset=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/fair-taxes-04.jpg 443w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/fair-taxes-04-157x300.jpg 157w\" sizes=\"auto, (max-width: 443px) 100vw, 443px\" \/><\/figure><div class=\"wp-block-media-text__content\">\n<p>Since the introduction of the Harmonized Sales Tax (HST) on new homes began, the threshold price points for the federal HST rebate on new homes have not changed from $350,000 with a maximum $6,300 rebate.<\/p>\n\n\n\n<p>That\u2019s why TRREB is recommending that the federal government immediately review and adjust rebate thresholds to reflect current market realities, implement indexing to ensure future adjustments align with housing price inflation, and enhance transparency to restore fairness and support affordability for new homebuyers.<\/p>\n<\/div><\/div>\n<\/div><\/details>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group has-light-content-bg ticss-320395e8 is-layout-flow wp-block-group-is-layout-flow\" style=\"border-bottom-color:#ff6a14;border-bottom-width:4px;padding-top:0;padding-bottom:0\">\n<div id=\"wp-block-themeisle-blocks-accordion-963c5fb6\" class=\"wp-block-themeisle-blocks-accordion exclusive icon-first has-icon has-open-icon has-light-content-bg\">\n<details class=\"wp-block-themeisle-blocks-accordion-item is-style-default has-light-content-bg has-light-title-bg\"><summary class=\"wp-block-themeisle-blocks-accordion-item__title\"><div><strong><strong><strong>Reducing the Land Transfer Tax on First-Time Homebuyers<\/strong><\/strong><\/strong><\/div><\/summary><div class=\"wp-block-themeisle-blocks-accordion-item__content\">\n<div class=\"wp-block-media-text is-stacked-on-mobile is-image-fill-element\" style=\"grid-template-columns:38% auto\"><figure class=\"wp-block-media-text__media\"><img loading=\"lazy\" decoding=\"async\" width=\"443\" height=\"845\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/fair-taxes-02.jpg\" alt=\"\" class=\"wp-image-5116 size-full\" style=\"object-position:50% 50%\" srcset=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/fair-taxes-02.jpg 443w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/fair-taxes-02-157x300.jpg 157w\" sizes=\"auto, (max-width: 443px) 100vw, 443px\" \/><\/figure><div class=\"wp-block-media-text__content\">\n<p>Land transfer taxes add tens of thousands of dollars to a home purchase. The current provincial land transfer tax (LTT) rebate of $4,000 for first-time homebuyers, along with the City of Toronto\u2019s municipal land transfer tax (MLTT) rebate of $4,475 are outdated, given the dramatic rise in home prices since it was introduced in 2008. To help ease the financial burden on first-time buyers, the province and the City of Toronto should at a minimum increase their rebates to $8,000 each and index them to inflation or take bold action and consider removing this tax completely for these buyers.<\/p>\n<\/div><\/div>\n<\/div><\/details>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group has-light-content-bg ticss-2c1308b4 is-layout-flow wp-block-group-is-layout-flow\" style=\"border-bottom-color:#ff6a14;border-bottom-width:4px;padding-top:0;padding-bottom:0\">\n<div id=\"wp-block-themeisle-blocks-accordion-47cd839e\" class=\"wp-block-themeisle-blocks-accordion exclusive icon-first has-icon has-open-icon has-light-content-bg\">\n<details class=\"wp-block-themeisle-blocks-accordion-item is-style-default has-light-content-bg has-light-title-bg\"><summary class=\"wp-block-themeisle-blocks-accordion-item__title\"><div><strong><strong><strong><strong>Launching a Comprehensive Review of Municipal Revenue Tools<\/strong><\/strong><\/strong><\/strong><\/div><\/summary><div class=\"wp-block-themeisle-blocks-accordion-item__content\">\n<div class=\"wp-block-media-text is-stacked-on-mobile is-image-fill-element\" style=\"grid-template-columns:38% auto\"><figure class=\"wp-block-media-text__media\"><img loading=\"lazy\" decoding=\"async\" width=\"443\" height=\"845\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/fair-taxes-05.jpg\" alt=\"\" class=\"wp-image-5113 size-full\" style=\"object-position:50% 50%\" srcset=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/fair-taxes-05.jpg 443w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/fair-taxes-05-157x300.jpg 157w\" sizes=\"auto, (max-width: 443px) 100vw, 443px\" \/><\/figure><div class=\"wp-block-media-text__content\">\n<p>Municipalities in Ontario rely heavily on property taxes and development charges to fund infrastructure and essential services. This over reliance on housing taxes is contributing to rising housing costs. A review of municipal revenue tools should explore ways to reduce taxes on housing \u2013 and specifically look to reduce municipal reliance on property taxes and development charges.&nbsp; Municipal ratepayers are increasingly being called upon to fund social and other services, that property and education taxes were never intended to support. The review should aim to lower the tax burden on housing and support an environment for increased housing supply while also ensuring that municipalities have the resources to deliver high-quality public services to residents.<\/p>\n<\/div><\/div>\n<\/div><\/details>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group has-light-content-bg is-layout-flow wp-block-group-is-layout-flow\" style=\"border-bottom-color:#ff6a14;border-bottom-width:4px;padding-top:0;padding-bottom:0\">\n<div id=\"wp-block-themeisle-blocks-accordion-e107bf59\" class=\"wp-block-themeisle-blocks-accordion exclusive icon-first has-icon has-open-icon has-light-content-bg\">\n<details class=\"wp-block-themeisle-blocks-accordion-item is-style-default has-light-content-bg has-light-title-bg\"><summary class=\"wp-block-themeisle-blocks-accordion-item__title\"><div><strong><strong><strong><strong><strong>Increasing Municipal Transfers<\/strong><\/strong><\/strong><\/strong><\/strong><\/div><\/summary><div class=\"wp-block-themeisle-blocks-accordion-item__content\">\n<div class=\"wp-block-media-text is-stacked-on-mobile is-image-fill-element\" style=\"grid-template-columns:38% auto\"><figure class=\"wp-block-media-text__media\"><img loading=\"lazy\" decoding=\"async\" width=\"443\" height=\"845\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/fair-taxes-01.jpg\" alt=\"\" class=\"wp-image-5117 size-full\" style=\"object-position:50% 50%\" srcset=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/fair-taxes-01.jpg 443w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/fair-taxes-01-157x300.jpg 157w\" sizes=\"auto, (max-width: 443px) 100vw, 443px\" \/><\/figure><div class=\"wp-block-media-text__content\">\n<p>To reduce municipalities\u2019 reliance on property taxes and development charges, the province and the federal government should increase transfers to municipalities, particularly for infrastructure projects related to housing, transit, and climate resilience. More stable and predictable funding from the higher levels of government would allow municipalities to reduce the financial burden on residents while still making necessary investments in critical infrastructure. This would also support long-term economic growth and help address Ontario\u2019s housing affordability crisis.<\/p>\n<\/div><\/div>\n<\/div><\/details>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n<div id=\"wp-block-themeisle-blocks-advanced-columns-f24dd2e5\" class=\"wp-block-themeisle-blocks-advanced-columns has-1-columns has-desktop-equal-layout has-tablet-equal-layout has-mobile-equal-layout has-vertical-unset\"><div class=\"wp-block-themeisle-blocks-advanced-columns-overlay\"><\/div><div class=\"innerblocks-wrap\">\n<div id=\"wp-block-themeisle-blocks-advanced-column-1e176a04\" class=\"wp-block-themeisle-blocks-advanced-column\">\n<hr class=\"wp-block-separator has-text-color has-base-2-color has-alpha-channel-opacity has-base-2-background-color has-background has-light-content-bg has-light-title-bg is-style-default\" style=\"margin-top:0;margin-bottom:0\" id=\"breakingBacklog\"\/>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background has-light-content-bg has-light-title-bg is-style-wide\" style=\"margin-top:var(--wp--preset--spacing--40);margin-bottom:0;background-color:#f2a900;color:#f2a900\"\/>\n\n\n\n<p class=\"has-light-content-bg has-light-title-bg is-style-default ticss-5e84b4e8 has-background has-effra-font-family\" style=\"background-color:#f1f1f1;margin-top:10px;margin-right:0;margin-bottom:20px;margin-left:0;padding-top:25px;padding-bottom:25px;padding-left:var(--wp--preset--spacing--60);font-size:clamp(20.515px, 1.282rem + ((1vw - 3.2px) * 0.861), 33px);font-style:normal;font-weight:700;line-height:0\"><strong>Breaking the Backlog<\/strong><\/p>\n\n\n\n<p class=\"ticss-ddf5c662\" style=\"padding-top:0px;padding-right:var(--wp--preset--spacing--60);padding-bottom:15px;padding-left:var(--wp--preset--spacing--60);font-size:clamp(15.747px, 0.984rem + ((1vw - 3.2px) * 0.569), 24px);\">With more than 53,000 unresolved cases as of February 2024, Ontario&#8217;s Landlord and Tenant Board (LTB) is facing a crisis situation. Despite the efforts of the province to improve the board\u2019s services, such as appointing additional adjudicators and increasing funding, it\u2019s clear that reforms are needed to solve the ongoing problems.<\/p>\n\n\n\n<p class=\"ticss-3c52b077\" style=\"padding-top:0px;padding-right:var(--wp--preset--spacing--60);padding-bottom:15px;padding-left:var(--wp--preset--spacing--60);font-size:clamp(15.747px, 0.984rem + ((1vw - 3.2px) * 0.569), 24px);\">The Ontario Ombudsman&#8217;s 2023 audit indicated the scope of LTB&#8217;s dysfunction, resulting in delays, barriers to access, and discrimination within Ontario&#8217;s housing system. TRREB\u2019s report examines critical issues within the board and makes solid recommendations to fix these issues.<\/p>\n\n\n\n<div class=\"wp-block-buttons region-button ticss-b1889471 wp-container-content-c9763a5f is-content-justification-left is-nowrap is-layout-flex wp-container-core-buttons-is-layout-3bb33ea5 wp-block-buttons-is-layout-flex\" style=\"margin-top:0;margin-bottom:0;padding-top:0;padding-right:var(--wp--preset--spacing--60);padding-bottom:0;padding-left:var(--wp--preset--spacing--60)\">\n<div class=\"wp-block-button has-custom-font-size hvr-grow\" style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.138), 16px);\"><a class=\"wp-block-button__link has-background wp-element-button\" href=\"https:\/\/trreb.ca\/hlfiles\/pdf\/TRREB-Breaking_the_Backlog.pdf\" style=\"background-color:#f2a900;padding-top:8px;padding-right:var(--wp--preset--spacing--30);padding-bottom:8px;padding-left:var(--wp--preset--spacing--30)\" target=\"_blank\" rel=\"noreferrer noopener\">Read the Full Research<\/a><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group has-light-content-bg has-light-title-bg is-style-default ticss-7cfcae45 is-layout-grid wp-container-core-group-is-layout-6dff264d wp-block-group-is-layout-grid\" style=\"padding-top:var(--wp--preset--spacing--30);padding-right:var(--wp--preset--spacing--60);padding-bottom:var(--wp--preset--spacing--30);padding-left:var(--wp--preset--spacing--60)\">\n<div class=\"wp-block-group ticss-17851e5f has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\" style=\"border-top-style:none;border-top-width:0px;border-right-style:none;border-right-width:0px;border-bottom-color:#f2a900;border-bottom-width:4px;border-left-style:none;border-left-width:0px\">\n<figure class=\"wp-block-image size-full is-style-default has-light-content-bg has-light-title-bg\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"300\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/01\/ltb1.jpg\" alt=\"\" class=\"wp-image-4363\" srcset=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/01\/ltb1.jpg 800w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/01\/ltb1-300x113.jpg 300w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/01\/ltb1-768x288.jpg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/figure>\n\n\n\n<div id=\"wp-block-themeisle-blocks-accordion-3e66b07a\" class=\"wp-block-themeisle-blocks-accordion exclusive no-gap icon-first has-icon has-open-icon has-light-content-bg has-light-title-bg is-style-default\">\n<details class=\"wp-block-themeisle-blocks-accordion-item\"><summary class=\"wp-block-themeisle-blocks-accordion-item__title\"><h4><strong>Navigating Case Resolutions<\/strong><br><br><\/h4><\/summary><div class=\"wp-block-themeisle-blocks-accordion-item__content\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-fe9cc265 wp-block-group-is-layout-flex\">\n<p style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.414), 20px);\">Virtual hearings were introduced as part of the LTB&#8217;s &#8220;digital first&#8221; strategy in 2020, but access to technology, reliable internet, and private spaces for virtual hearings is challenging for both tenants and landlords. Restoring in-person hearings and real-time technical support are the main recommendations to reduce delays from technical issues.<\/p>\n\n\n\n<p style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.414), 20px);\">It\u2019s also critical to create a specialized backlog reduction team focused on addressing older and urgent cases. This team can report directly to the Ministry of the Attorney General and use targeted strategies to expedite the resolution of high-priority cases while keeping the flow of new cases moving efficiently.<\/p>\n<\/div>\n<\/div><\/details>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group ticss-ed21b3ae has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\" style=\"border-top-style:none;border-top-width:0px;border-right-style:none;border-right-width:0px;border-bottom-color:#f2a900;border-bottom-width:4px;border-left-style:none;border-left-width:0px\">\n<figure class=\"wp-block-image size-full is-style-default has-light-content-bg has-light-title-bg\"><img loading=\"lazy\" decoding=\"async\" width=\"619\" height=\"232\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/btb-img1.jpg\" alt=\"\" class=\"wp-image-5153\" srcset=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/btb-img1.jpg 619w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/btb-img1-300x112.jpg 300w\" sizes=\"auto, (max-width: 619px) 100vw, 619px\" \/><\/figure>\n\n\n\n<div id=\"wp-block-themeisle-blocks-accordion-320c98ff\" class=\"wp-block-themeisle-blocks-accordion exclusive no-gap icon-first has-icon has-open-icon has-light-content-bg has-light-title-bg is-style-default\">\n<details class=\"wp-block-themeisle-blocks-accordion-item\"><summary class=\"wp-block-themeisle-blocks-accordion-item__title\"><h4><strong>Operational Concerns<\/strong><\/h4><\/summary><div class=\"wp-block-themeisle-blocks-accordion-item__content\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-fe9cc265 wp-block-group-is-layout-flex\">\n<p style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.414), 20px);\">We\u2019re recommending that the government provides dedicated funding to upgrade the LTB&#8217;s technology infrastructure and improve case management systems. Regular updates on system functionality to the Ministry of the Attorney General are needed. It\u2019s key that staff also must receive proper training to handle increased volumes of cases without significant delays.<\/p>\n\n\n\n<p style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.414), 20px);\">Better screening processes to prevent unnecessary terminations is also needed. The LTB should alert applicants of any missing or incorrect information within a set time frame, allowing them to make corrections before their applications are dismissed.<\/p>\n<\/div>\n<\/div><\/details>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group ticss-79eafce1 has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\" style=\"border-top-style:none;border-top-width:0px;border-right-style:none;border-right-width:0px;border-bottom-color:#f2a900;border-bottom-width:4px;border-left-style:none;border-left-width:0px\">\n<figure class=\"wp-block-image size-full is-style-default has-light-content-bg has-light-title-bg\"><img loading=\"lazy\" decoding=\"async\" width=\"619\" height=\"232\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/btb-img4.jpg\" alt=\"\" class=\"wp-image-5150\" srcset=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/btb-img4.jpg 619w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/btb-img4-300x112.jpg 300w\" sizes=\"auto, (max-width: 619px) 100vw, 619px\" \/><\/figure>\n\n\n\n<div id=\"wp-block-themeisle-blocks-accordion-a250f9d3\" class=\"wp-block-themeisle-blocks-accordion exclusive no-gap icon-first has-icon has-open-icon has-light-content-bg has-light-title-bg is-style-default\">\n<details class=\"wp-block-themeisle-blocks-accordion-item\"><summary class=\"wp-block-themeisle-blocks-accordion-item__title\"><h4><strong>Improving Efficiencies<\/strong><br><br><\/h4><\/summary><div class=\"wp-block-themeisle-blocks-accordion-item__content\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-fe9cc265 wp-block-group-is-layout-flex\">\n<p style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.414), 20px);\">Although the LTB hired more adjudicators, the lack of proper training and reliance on part-time staff is causing efficiency problems. Improving the training process for adjudicators, assigning workloads reflecting the part-time adjudicators\u2019 availability, and funding that meets the service demand to ensure staffing are key to addressing the issues.<\/p>\n\n\n\n<p style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.414), 20px);\">We\u2019re also calling for streamlining the appointment process and introducing reforms that ensure qualified, experienced adjudicators remain in their positions. Establishing an independent body, such as an Adjudicative Tribunals Justice Council, would ensure that appointments are based on merit and experience.<\/p>\n<\/div>\n<\/div><\/details>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group ticss-d3bfefe3 has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\" style=\"border-top-style:none;border-top-width:0px;border-right-style:none;border-right-width:0px;border-bottom-color:#f2a900;border-bottom-width:4px;border-left-style:none;border-left-width:0px\">\n<figure class=\"wp-block-image size-full is-style-default has-light-content-bg has-light-title-bg\"><img loading=\"lazy\" decoding=\"async\" width=\"619\" height=\"232\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/btb-img3.jpg\" alt=\"\" class=\"wp-image-5151\" srcset=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/btb-img3.jpg 619w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/btb-img3-300x112.jpg 300w\" sizes=\"auto, (max-width: 619px) 100vw, 619px\" \/><\/figure>\n\n\n\n<div id=\"wp-block-themeisle-blocks-accordion-fb0e100f\" class=\"wp-block-themeisle-blocks-accordion exclusive no-gap icon-first has-icon has-open-icon has-light-content-bg has-light-title-bg is-style-default\">\n<details class=\"wp-block-themeisle-blocks-accordion-item\"><summary class=\"wp-block-themeisle-blocks-accordion-item__title\"><h4><strong>Delayed Hand-Offs<\/strong><\/h4><\/summary><div class=\"wp-block-themeisle-blocks-accordion-item__content\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-fe9cc265 wp-block-group-is-layout-flex\">\n<p style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.414), 20px);\">The expiry of adjudicators leads to unresolved and reassigned cases, causing even more delays. The current system of tracking member terms is inefficient and it can take up to 60 days to transfer cases to new adjudicators. This report recommends the LTB take a more proactive approach in managing the expiration of member terms, including the reassignment process earlier to avoid bottlenecks.<\/p>\n<\/div>\n<\/div><\/details>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group has-light-content-bg has-light-title-bg is-style-default ticss-1e6a5bfd has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\" style=\"border-top-style:none;border-top-width:0px;border-right-style:none;border-right-width:0px;border-bottom-color:#f2a900;border-bottom-width:4px;border-left-style:none;border-left-width:0px\">\n<figure class=\"wp-block-image size-full is-style-default has-light-content-bg has-light-title-bg\"><img loading=\"lazy\" decoding=\"async\" width=\"619\" height=\"232\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/btb-img2.jpg\" alt=\"\" class=\"wp-image-5152\" srcset=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/btb-img2.jpg 619w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/btb-img2-300x112.jpg 300w\" sizes=\"auto, (max-width: 619px) 100vw, 619px\" \/><\/figure>\n\n\n\n<div id=\"wp-block-themeisle-blocks-accordion-2646a3f2\" class=\"wp-block-themeisle-blocks-accordion exclusive no-gap icon-first has-icon has-open-icon has-light-content-bg has-light-title-bg is-style-default\">\n<details class=\"wp-block-themeisle-blocks-accordion-item\"><summary class=\"wp-block-themeisle-blocks-accordion-item__title\"><h4><strong>Internal Challenges and Delayed Justice<\/strong><\/h4><\/summary><div class=\"wp-block-themeisle-blocks-accordion-item__content\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-fe9cc265 wp-block-group-is-layout-flex\">\n<p style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.414), 20px);\">The province must ensure that the LTB is providing training to all staff and consider the limited time frame that part-time adjudicators can spend on LTB-specific cases when determining future funding and staffing opportunities.<\/p>\n\n\n\n<p style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.414), 20px);\">Lengthy delays at the LTB prevent both landlords and tenants from receiving timely decisions on critical issues, such as evictions, rent arrears, and repairs. That\u2019s why it\u2019s important to enforce stricter timelines for resolving cases, particularly those related to tenancy terminations.<\/p>\n<\/div>\n<\/div><\/details>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group has-light-content-bg has-light-title-bg is-style-default has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\" style=\"border-top-style:none;border-top-width:0px;border-right-style:none;border-right-width:0px;border-bottom-color:#f2a900;border-bottom-width:4px;border-left-style:none;border-left-width:0px\">\n<figure class=\"wp-block-image size-full is-style-default has-light-content-bg has-light-title-bg\"><img loading=\"lazy\" decoding=\"async\" width=\"619\" height=\"232\" src=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/btb-img5.jpg\" alt=\"\" class=\"wp-image-5149\" srcset=\"https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/btb-img5.jpg 619w, https:\/\/market-outlook-2025.trreb.ca\/wp-content\/uploads\/2025\/02\/btb-img5-300x112.jpg 300w\" sizes=\"auto, (max-width: 619px) 100vw, 619px\" \/><\/figure>\n\n\n\n<div id=\"wp-block-themeisle-blocks-accordion-0ae18c91\" class=\"wp-block-themeisle-blocks-accordion exclusive no-gap icon-first has-icon has-open-icon has-light-content-bg has-light-title-bg is-style-default\">\n<details class=\"wp-block-themeisle-blocks-accordion-item\"><summary class=\"wp-block-themeisle-blocks-accordion-item__title\"><h4><strong>Discrimination and More Barriers<\/strong><\/h4><\/summary><div class=\"wp-block-themeisle-blocks-accordion-item__content\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-fe9cc265 wp-block-group-is-layout-flex\">\n<p style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.414), 20px);\">Discrimination against renters \u2013 especially young people, newcomers, and marginalized groups \u2013 is a well-known phenomenon in Ontario&#8217;s rental market. For this pressing issue, TRREB suggests introducing a government-subsidized guarantor program to support renters who lack a Canadian credit history or co-signer and a fairer tenant screening processes to prevent bias based on race or other factors during the application process.<\/p>\n\n\n\n<p style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.414), 20px);\">Through implementing these recommendations, the Ontario government can significantly improve the operations of the LTB, reduce the backlog of cases, and ensure that all Ontarians have access to fair and timely justice in rental housing disputes.<\/p>\n<\/div>\n<\/div><\/details>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>2025 Market Outlook &amp; Year in Review The Triple Challenge:<\/p>\n","protected":false},"author":4,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_themeisle_gutenberg_block_has_review":false,"footnotes":""},"class_list":["post-660","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/market-outlook-2025.trreb.ca\/index.php?rest_route=\/wp\/v2\/pages\/660","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/market-outlook-2025.trreb.ca\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/market-outlook-2025.trreb.ca\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/market-outlook-2025.trreb.ca\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/market-outlook-2025.trreb.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=660"}],"version-history":[{"count":1241,"href":"https:\/\/market-outlook-2025.trreb.ca\/index.php?rest_route=\/wp\/v2\/pages\/660\/revisions"}],"predecessor-version":[{"id":5341,"href":"https:\/\/market-outlook-2025.trreb.ca\/index.php?rest_route=\/wp\/v2\/pages\/660\/revisions\/5341"}],"wp:attachment":[{"href":"https:\/\/market-outlook-2025.trreb.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=660"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}