The Canada Mortgage and Housing Corporation released its quarterly Housing Market Assessment, reporting that the country’s housing market overall is still highly vulnerable, mostly due to price acceleration and overvaluation.
There was a story in the Vancouver Sun recently about a detached home listed for just under $1 million. With single-family home prices falling in the area, could the detached homes actually tumble to an affordable price?
I came across a New York Times article recently about how Microsoft is pledging $500 million towards the development of affordable housing in Seattle. This got me thinking about the tech boom in Toronto and our affordable housing issue.
The 15th Annual Demographia International Housing Affordability Survey: 2019 was recently released, rating middle-income housing affordability with third quarter 2018 data. Once again, Toronto is found among the least affordable cities in the world.
The province of Ontario is looking for some fresh ideas for the Ontario Place development. What do you picture being at this site? The goal is to transform Ontario Place into a year-round attraction for local and international visitors.