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 […]
affordability crisis
Toronto Real Estate TREB Published April, 2019 Resale Market Figures
Toronto Real Estate TREB Published April, 2019 Resale Market Figures TREB announced that the Greater Toronto Area REALTORS® reported a substantial year-over-year increase in home sales in April 2019. The number of residential transactions jumped by 16.8 per cent to 9,042 compared to 7,744 in April 2018. On a preliminary seasonally adjusted basis, […]
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 […]
Toronto Real Estate TREB Published February, 2019 Resale Market Figures
Toronto Real Estate TREB Published February, 2019 Resale Market Figures Toronto Real Estate Board announced that Greater Toronto Area REALTORS® reported 5,025 homes sold through TREB’s MLS® System in February 2019. This sales total was down by 2.4 per cent on a year-over-year basis. Sales were also down compared to January 2019 following preliminary […]
Canada housing market has become riskier, IMF has warned
Canada’s housing market has become riskier over the past two years, with risk levels similar to those seen during the financial crisis a decade ago, the International Monetary Fund (IMF) said in a report released this week. But there is good news: The measures Canadian policymakers have taken over the past several years […]