Limited supply is driving up Canadian real estate prices, since demand is at historic lows due to high mortgage rates it is too soon to call this the beginning of a bull market.
All in Toronto
Limited supply is driving up Canadian real estate prices, since demand is at historic lows due to high mortgage rates it is too soon to call this the beginning of a bull market.
The combination of higher borrowing costs, economic uncertainty, rising supply of active listings, and government policies aimed at cooling the housing market have all contributed to the rapid drop in property values in Toronto. However, it's important to keep in mind that the real estate market is complex and that the impact of these factors can vary from area to area.
With good advice, anybody can invest in some kind of real estate.
Values for all home types are rising in Metro Toronto.
Will there be a post-pandemic homebuyer hangover?
Toronto rents drop up to 20%
House prices are rising but condo values are flagging.
Recent trends imply thousands of people are leaving Toronto.