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Measures to promote supply are needed, but the resulting new-build supply won't be cheap.
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Sales fell 20.3 per cent last month, but prices are still higher than a year ago.
Chestnut Park Real Estate
Is the beginning of the end for Toronto's long-running housing boom?
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From its amenities to its backstory.
But confidence in personal finances is on the decline.
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The home is being sold with "no warranties whatsoever."
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For the doubters out there, Toronto's housing landscape is proof that Darwin's theory of evolution is, in fact, the real deal. As single-detached houses join the list of endangered species here in the 416, we're seeing the emergence of new forms of high-density housing, made to survive this storm of rising prices and dwindling supply, all by virtue of their very design.
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James O'Sullivan said the Toronto housing market is one that policy-makers should be most concerned about.
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The Toronto housing market has become a pipe dream for the average homebuyer. How did it get to this point, what are the consequences and is there a solution?
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“The longer this market runs hot, the greater the risks to the Ontario economy."
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“It will be incredibly tough to attract talented folks ... if they will struggle to buy a home and yet still pay taxes of over 50 per cent."
As The Six turns 183 young on Monday, we wanted to take this opportunity to give some credence to the cliche that Torontonians really are at the centre of the universe. Here's why we love Toronto, and why people will continue to flock here in search of "home."
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"Trees don't grow to the sky and markets will correct at some stage here."
An old saying rings true today, more than ever: drive till you qualify. But with the suburbs gaining speed in price appreciation, how far is too far?