Housing Market Toronto

• Toronto to hike vacant home tax to 3%, pledging millions to housing program

  Council voted 21-2 in favour of the move to increase the tax from one per cent to three per cent of a vacant home's assessed value starting in the 2024 tax year.

  Politics

  Oct 12, 2023
  
• Canadians hope patience will pay off as home prices dip: ‘It just takes time’

  The Toronto Regional Real Estate Board said Thursday that the average price sat at $1,051,216 in December, a 9.2 per cent fall from a year ago.

  Consumer

  Jan 8, 2023
  
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• October home sales down 7%, new listings fell by 34% from last year: Toronto board

  Prospective homebuyers in the Greater Toronto Area found dramatically fewer homes on the market last month than they did a year ago, pushing sales down and prices up.

  Canada

  Nov 3, 2021
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• Canadian home sales dropped 4%, average price down 5.5% in January

  Benchmark home prices, which adjust for different property types, were virtually flat, the latest report from the Canadian Real Estate Association shows.

  Money

  Feb 15, 2019
• Is too much of your wealth tied up in the housing market?

  Over the past decade, Canadians have increasingly pegged their fortunes to real estate, often with the assumption that housing prices will continue to rise.

  Money

  Jan 17, 2019
• Home prices to remain flat across Canada in 2018, says RBC – is this the new normal?

  A new report offers a glimpse of what the housing market might look like if interest rates start lifting from historic lows.

  Money

  Jul 4, 2017