Search results
3 days ago · The volume of new home sales across the GTA in May, the group says, was an astonishing 71 per cent lower than May 2023 figures, and also 71 per cent below the 10-year average for the springtime ...
Aug 30, 2023 · An analyst who describes Canada as sitting on one of 'the largest housing bubbles of all time' warns that if it bursts, the country could be thrown into a deeper recession than forecasted.
4 days ago · There’s a record number of Toronto condominiums on the market right now, and despite record immigration, and an ever-worsening housing crisis, nobody seems to want to buy them. Diana Zlomislic is a housing reporter for The Toronto Star. “I think what happens with the central bank, whether they continually reduce the lending rate over the ...
Nov 22, 2023 · When will the Toronto real estate bubble burst? While pinpointing the exact timing of Toronto’s potential real estate correction remains challenging, signs of deflation may...
Dec 21, 2023 · The city has been deemed one of the most overvalued in the world, with one of the least affordable markets in the world and the most concerning housing bubble of any city, and economists predict...
- Becky Robertson
Sep 22, 2023 · Rising interest rates and soaring inflation have helped to quell Toronto’s risk of a housing bubble, but the city’s real estate market remains woefully overvalued. Toronto placed seventh on the newly released UBS Global Real Estate Bubble Index 2023, with a score of 1.21.
People also ask
Is Toronto a housing bubble?
Is Toronto's real estate market overvalued?
Is Canada a real estate bubble?
Is Canada sitting on a housing bubble?
3 days ago · She accepted a lower sale price than she was expecting, he says, but so far the sellers she has been negotiating with are unwilling to bend. “She was told she was going to get $1.4-million for ...
