THE CANADIAN PRESS/Sean Kilpatrick
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It's a result of the new mortgage rules announced by the federal government in the fourth quarter of 2016.
The proposed changes have been criticized for including potentially increasing costs.
Chris Helgren / Reuters
Ensuring adequate shelter. Safeguarding homeowners' value. Protecting the environment.
Mark Sommerfeld/Bloomberg via Getty Images
Home ownership costs represent a huge chunk of average earners' paycheques.
Bloomberg via Getty Images
You won't necessarily see a 28 per cent reduction in sticker value, however.
Hyungwon Kang / Reuters
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One out of 11 homes sold in York Region went to non-residents.