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The Toronto Condo Market This Week – September 9, 2016

Last Updated on

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Investors from China will turn to these North American cities because of BC’s foreign-buyer tax

Well, according to Juwai.com, a website catering to Chinese buyers of international property, Seattle will see the greatest rise in overseas interest as a result, although three Canadian cities are also poised to see increased activity.

How Toronto and Vancouver housing markets will move in opposite directions — for now

Being the hottest housing markets in Canada, both Toronto and Vancouver have seen home prices appreciate at break-neck speeds in recent years, but a big Canadian bank has very different short-term forecasts for the major cities looking ahead.

Housing market has ‘low probability’ for collapse: RBC report

The latest housing market report from Royal Bank of Canada says there is a “low probability” for a major downturn in Canada’s housing market in the next 12 months but signals the country’s two biggest cities as areas of concern for overheating.

Growth plan will fill in ‘missing middle’ of housing choices: report

The Toronto region has a “missing middle” of affordable, family-oriented midrise, stacked townhouse and townhome development.

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