TREB is encouraged by the Budget Committee's decision to halt increases to the Land Transfer Tax for first-time buyers but remains concerned about increases for repeat buyers.

The Toronto Real Estate Board (TREB) recently launched a website to inform citizens on proposed changes to the city’s Land Transfer Tax (LTT).

TREB wants Toronto City Council to stop a potential significant Land Transfer Tax, or LTT, increase, which is currently in the proposal stage.

Ontario is proposing to increase land transfer tax rates on all types of real property for the first time since 1989.

Proposed changes to Toronto’s Land Transfer Tax will increase costs for all home buyers in the city, especially first-time home buyers.

The Ontario government is proposing to raise the land transfer tax rebate available to eligible first-time home buyers to $4,000 starting in 2017. It’s a

On Feb. 2, members of the Toronto Real Estate Board (TREB) met with the City of Toronto’s Budget Committee to discuss affordable housing in the Greater Toronto Area and make recommendations on the region’s Land Transfer Tax (LTT), implemented in 2008. In order to better meet the needs of prospective homebuyers requiring affordable housing options, TREB suggested that the City’s Budget Committee increase the maximum rebate for first-time homebuyers and adjust the LTT to reflect ongoing inflation.