The Toronto Condo Market This Week (September 4, 2015)
Baby boomers driving luxury condo sales
Downsizing baby boomers are driving year-over-year gains in luxury condo sales in Toronto and Vancouver, according to a report released this week.
Toronto, Vancouver housing affordability deteriorates to 'risky' levels: RBC
Rising prices in Vancouver and Toronto pushed housing affordability closer to “risky levels” in the second quarter of 2015, according to a report from RBC.
Presales lead Toronto condo boom in first half of year
Toronto’s condo sector is shaping up to have one of its strongest years on record, dispelling fears that Canada’s largest housing market is ripe for a correction.
Canadian housing became less affordable in Q2, says RBC
Housing became slightly less affordable in Canada in the second quarter as the hot housing markets in Toronto and Vancouver impacted affordability at a national level.