We've never seen a market like this before.
All tagged Toronto
We've never seen a market like this before.
Price outlook for Toronto housing is uncertain
Once scorching hot, the Toronto market is experiencing a shift.
The GTA property supply is growing quickly, prices are dropping.
The GTA real estate market is still relatively hot, but not hot enough to sustain peak prices
The two-year outlook for GTA home values.
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.