Maclean’s conducted a study of 415 communities across Canada and ranked them based on a variety of criteria, including wealth & economy, affordability, population growth, taxes, commute times, crime, weather, health care, amenities and culture.
Property taxes can be confusing. Fortunately, the City of Toronto has a Property Tax Calculator that actually shows how your money is being distributed to various services and infrastructure developments and maintenance.
A recent report found that condo buyers are extending their home search to the outskirts of the Greater Toronto Area, likely in search of relatively affordable prices and more square footage for their dollar. I don’t think this trend will last long.
Is there an affordability crisis? Yes. Are we still lacking supply? Yes. Do we still need more high-density housing near major transit nodes and the zoning to accommodate this type of development? Yes.
Rider Levett Bucknall released its July 2019 Crane Index recently, and Better Dwelling had a few additional details about the report. The Crane Index looks at 13 major cities in North America and tracks the amount of cranes on the skyline.