Lack of supply, increase demand, population surges, and skyrocketing home prices proves that Toronto’s housing market has been through loops over the past few years and according to a new study, growth policies implemented by the former provincial government may be the culprit. The Building Industry and Land Development Association (BILD) in conjunction with Malone […]
Despite little fluctuation month-over-month by home sales across the Greater Toronto Area (GTA), sales within the condo and semi-detached market over the past year drove up overall prices in October. According to the latest Market Report by Toronto Real Estate Board (TREB), the average selling price was $807,340 in October, up 3.5 per cent from […]
Affordability has been a major topic of concern in Vancouver and Toronto, Canada’s largest markets. According to a new report, Vancouver affordability is at a critical level while Toronto’s affordability still poses a major challenge despite improvement. RBC released their Housing Trends and Affordability report earlier this week, and illustrates that while the affordability measure […]
