house prices toronto
Expect the topic of housing supply to continue to dominate news headlines
Canada’s largest housing market entered a deep freeze in January, early data shows.
It's common to hear about houses going for hundreds of thousands over asking price, bully offers and bidding wars especially in large cities such as Toronto and Vancouver. The current housing bubble doesn't appear to be anywhere near to bursting, and every day we are bombarded with media headlines and reports on the escalation of rising prices for homes. But are the media headlines themselves affecting the market by making buyers more fearful about getting into the market?
Is the beginning of the end for Toronto's long-running housing boom?
The cure for irrationality may be a mortgage rate hike.
There are still more expensive places than Toronto. Just not many.
To no one's surprise, Toronto's house prices hit another record high in February.
The average price of a single-family home in suburban Toronto jumped by $108,000 in a month.
If the loonie hadn't fallen, Vancouver real estate would be twice as expensive as New York's today.
No, house prices don't just go up forever.
Vancouver's boom is over, but a supply shortage could keep prices up.
Meanwhile, Toronto's hot real estate market is spreading out.
Homeowners in the 905 have basically won the lottery.
When Moody's talks real estate, take it with a grain of salt.
Toronto millennials want single-family homes; they might not even get a condo.
Developers blame government for soaring prices, lower affordability.
Canada's house prices could cause culture shock.
Global comparison puts Canadian home affordability in perspective.
Price growth shows no sign of letting up in Toronto.
But it wouldn't exactly be a repeat of the U.S.'s housing bubble.