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The Toronto Regional Real Estate Board (TRREB), formerly the Toronto Real Estate Board (TREB), is a non-profit professional association of registered real estate brokers and salespeople in and about the Greater Toronto Area. [1] TRREB's Toronto office is located at 1400 Don Mills Road. [2]
In Canada, the national MLS is a cooperative system for the members of the Canadian Real Estate Association (CREA), working through Canada's 101 real estate boards and 13 provincial/territorial associations. Both the terms Realtor and MLS are registered trademarks for both the members and data of the CREA.
After the update of Toronto Multiple listing service (MLS) on July 5, 2011, the Toronto Real Estate Board (TREB) introduced a new search feature for the Toronto MLS, used by real estate agents operating in the region.
Canada is a nation heavily dependent on the real estate industry which accounted for roughly 14% of its GDP in 2020 [126] and over 20% in 2023. [127] There is a high risk that if investor sentiment changes, buyer demand may drop significantly, triggering a vicious cycle of prices declines that snowball . [ 128 ]
The Toronto Regional Real Estate Board (TRREB), formerly the Toronto Real Estate Board, is a non-profit professional association of registered real estate brokers and salespeople in Toronto, and parts of the Greater Toronto Area. [180] TRREB was formed in 1920. [180] Many large real estate investment trusts are based in Toronto.
1920 - Toronto Real Estate Board was founded; it is Canada's largest real estate board. 1997 - Real Estate Council of Ontario was founded to administer the Real Estate and Business Brokers Act (REBBA). 2002 - OREA Real Estate College was formed, assuming all of the duties of the OREA Education Department.
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