Canada and New Zealand are the most vulnerable economies to a correction in house prices, with Australia and the U.K. also drawing concern, according to new research from Bloomberg Economics. Seeking to build a “housing bubble dashboard,” economist Niraj Shah studied ratios of house prices to rent and income as well as inflation-adjusted […]
Toronto News Posts
Toronto Real Estate TREB Published May, 2019 Resale Market Figures
Toronto Real Estate TREB Published May, 2019 Resale Market Figures Toronto Real Estate Board President announced that Greater Toronto Area REALTORS® reported 9,989 transactions through TREB’s MLS® System in May 2019. This result represented a substantial increase of 18.9 per cent over the 15-year low in May 2018, Please note that […]
Toronto is the fastest growing city in the U.S. and Canada, and that may not be good
Toronto is the fastest growing city in the U.S. and Canada, and that may not be good Torontonians could find themselves “doubling up” on housing with friends or relatives in the incoming years as the city’s breakneck population growth outstrips the supply of new housing, an urban planning expert is warning. In an […]
Toronto is against Ford’s new housing plan for less affordable housing, reduced revenue
Toronto is against Ford’s new housing plan for less affordable housing, reduced revenue Toronto council has voted to oppose the provincial government’s new housing supply plan, with city staff and councillors citing concerns about reduced city revenue, less control over planning, and a lack of “tools” to mandate affordable units. The new plan, heading […]
Toronto Real Estate TREB Published March, 2019 Resale Market Figures
Toronto Real Estate TREB Published March, 2019 Resale Market Figures Toronto Real Estate Board announced that Greater Toronto Area REALTORS® reported 7,187 residential sales through TREB’s MLS® System in March 2019. This result was close to 7,188 sales reported in March 2018. For the first quarter of 2019, sales were down by […]
