Toronto real estate and Vancouver real estate get compared a lot, mostly because they’re the hottest housing markets in Canada. What we’re seeing in Vancouver that we’re not seeing in Toronto right now is the uptick in resale home listings.
Supreme Court of Canada announced that it would not grant an appeal to the Toronto Real Estate Board to keep past sold data shuttered, effectively ending a seven-year legal battle between the board and those who wish to make such information public.
There’s been word on the street that the amount of vacant homes in the Greater Toronto Area listed on MLS has increased significantly compared to last year. It’s possible your initial thought was to blame non-resident speculators – not so fast.