The Toronto Condo Market This Week – June 17, 2016
Who’s to blame for high home prices?
The Trudeau government is doin’ alright, according to the Organization for Economic Co-operation and Development (OECD). Their decision and action to boost the economy through infrastructure spending is considered to be a wise call. But now the Liberals need to turn their attention to the elephant in the room: the residential housing market.
TORONTO'S REAL ESTATE MARKET IS A HOUSE OF CARDS
City council needs to prepare for the correction in the housing market that the Bank of Canada governor says is just around the corner.
Looking to condos for an affordable home? Think again, report suggests
Scorching prices in red hot housing markets in Toronto and Vancouver are beginning to spread into the condo market, and surrounding areas, according to new numbers released today from Teranet-National Bank.
Raising interest rates too quickly could ‘bring Canadian housing to its knees’
A leading economist with one of Canada’s biggest banks has flagged what he says would topple the Canadian housing market, while dishing out advice for how the Bank of Canada can steer clear of a crushing outcome.
