Toronto housing market

How quickly things change for Toronto’s housing market.

The Bank of Canada reiterated its expectation that recently enacted stricter mortgage insurance eligibility criteria, the elevated level of household debt, and higher long-term borrowing costs will cool Toronto’s scorching housing market.

How quickly things change for Toronto’s housing market.

The Bank of Canada reiterated its expectation that recently enacted stricter mortgage insurance eligibility criteria, the elevated level of household debt, and higher long-term borrowing costs will cool Toronto’s scorching housing market.