It's a "very unusual year," a real estate developer's group says.
Do you suppose the two are related?
"Buyers now feel that they can take a bit of time to shop around, without the fear of losing out."
By Wayne Karl Bryan Tuckey was on fire. Speaking at the Toronto Real Estate Board's (TREB) recent Market Year in Review & Outlook
Tight supply and strong demand will dominate the GTA market this year, resulting in double-digit home price growth, according to the Toronto Real Estate Board. While this forecast may be good news for existing homeowners, it might be the last thing prospective homebuyers in Toronto want to hear.
Already testing affordability limits, higher new home prices could be among the unintended consequences of the provincial government's announcement on May 10 that it is proposing changes to four provincial plans that shape how land is used in the Greater Golden Horseshoe -- Canada's fastest-growing urban region, the province's economic engine and the home of the Greenbelt.
New condo prices haven’t grown in a year Low-rise home prices turned downward in August Lack of supply the main factor, BILD
Upgrading from a condo to a single-family house in Greater Toronto just got $100,000 more expensive. In May of last year
The total number of Toronto home sales dropped some 55 per cent in November from a year earlier, according to real estate