Toronto real estate market has seen the effects of a confluence of policies: Ontario’s Fair Housing Policy, including a foreign buyers’ tax aimed at cooling the market; a new mortgage stress test targeted at protecting Canadians from dangerously high household debt levels; and the Bank of Canada’s moves to increase interest rates. […]
buying a condo in Toronto
How much you need to earn to pay for a home in Toronto
Looking at the Toronto housing market through an analytical lens of percentages, shifting sales numbers and interest rates may be the go-to method for industry insiders, but for many average customers, there’s really one thing that matters: “What can I buy?” To help answer that question, let’s calculate what level of family income you […]
