After a lengthy period of high vulnerability in Toronto’s housing market, it finally looks like things are starting to ease up, according to the Canada Mortgage and Housing Corporation’s latest Housing Market Assessment.
The residential streetscape is in for a change with cities across Canada approving bylaws to allow for more housing per property. Will it completely fix the tight rental market? No. But, it’s definitely a step in the right direction.
It looks like 2019 may be one of the strongest years ever for the Greater Toronto Area’s new condo market, according to recent figures from Urbanation, the leading source for new condo statistics in the GTA.