Pressure is growing on Ottawa to take action on housing prices as banking executives are joining economists and global think-tanks in sounding the alarm about the runaway markets in Toronto and Vancouver. The latest call for action came from National Bank of Canada chief executive Louis Vachon, who told Bloomberg on Wednesday that Canada […]
Toronto home price
How a house can become a prison after it soars in value in Toronto
Toronto’s housing market is teaching all Canadians a lesson on how overrated it is to have your house soar in value. April was a routinely brisk month for housing in the city and surrounding region – average prices rose to $739,082 from $636,094 a year ago, or 16.2 per cent. Commentary from the Toronto […]
Central Toronto Real Estate TREB Released August, 2019 Resale Market Figures
Central Toronto Real Estate TREB Released August, 2019 Resale Market Figures Toronto Real Estate Board (TREB) President Michael Collins announced that Greater Toronto Area REALTORS® reported 7,711 residential sales through TREB’s MLS® System in August, 2019. This result represented a 13.4 per cent increase compared to 6,797 sales reported in August, 2018. On […]
