All you need to know regarding the housing market in Toronto, Canada and abroad.
This week in Toronto: The housing market takes a breath, rentals are still hot and the rental stigma fades as housing prices continue to climb.
Elsewhere: Housing prices are hurting Canada's middle class, a new study says low-income housing doesn't affect nearby property value and the city with the world's toughest Airbnb laws.
Toronto housing market takes a breath as buyers think globally (The Globe and Mail)
Listings are dwindling, as they typically do at the end of November, but agents feel the pause came a little earlier this year. “It feels to most people that it’s been going on for a few weeks,” she says.
Canada’s rental vacancy rate edged up in 2016 as the supply of apartments increased, but rental housing was harder to find in Vancouver and Toronto, where a long housing boom has driven real estate investment and a condo building boom.
In another decade, renting will no longer be a dirty word when it comes to housing in the Toronto region, predicts a researcher who has looked at housing markets in Europe and Australia.
One day after CBC News published an exclusive story about a Kingston, Ont., man's frustrating experience trying to evict a family who trashed his property, Ontario's minister of housing says he has been gathering input for the last five months on how to improve the province's landlord and tenant legislation.