There is very little consensus among economists, however, most agree that the market will be softer in 2021.
All tagged Toronto Real Estate Prices
There is very little consensus among economists, however, most agree that the market will be softer in 2021.
GTA Suburbs are expensive because of a combination of low mortgage rates and a housing stock deficit.
A comprehensive review of real estate in Toronto and a forecast for 2020/2021
Learn about the key indicators, why they’re significant and where to find them yourself.
To Tackle Housing Affordability in Canada, Build More Houses
The first half of 2019 has seen Toronto real estate climb back up after a gloomy fall 2018. However, market indicators suggest that a significant price correction might be on the way. What's in store for the end of 2019 and throughout 2020.
Canadian condos have shown tremendous price growth since 2016 but it is uncertain how much price growth potential remains in condos. Some major Canadian banks have forecast the real estate market in Vancouver and Toronto will hit a tipping point by the end of 2019. As the impact of interest rate increases, government regulation, and taxes work their way through the market toward the middle of 2018 the accuracy of these forecasts will be revealed.
The consensus seems to be that 2018 will experience a drop in detached home prices while condo prices rise.