Toronto’s Housing Market Struggles Forward as the Hits Keep Coming

How quickly things change for Toronto’s housing market.
Toronto’s Housing Market Struggles Forward as the Hits Keep Coming
A sold sign is shown in front of a west-end Toronto home. The Canadian Press/Graeme Roy
Rahul Vaidyanath
Updated:

How quickly things change for Toronto’s housing market. At the start of the year, prices were rising by more than 30 percent annually.

But as was seen in Vancouver, eventually the market wobbles under its own weight. It gets to a point where there aren’t enough buyers capable of paying ridiculous prices.

Rahul Vaidyanath
Rahul Vaidyanath
Journalist
Rahul Vaidyanath is a journalist with The Epoch Times in Ottawa. His areas of expertise include the economy, financial markets, China, and national defence and security. He has worked for the Bank of Canada, Canada Mortgage and Housing Corp., and investment banks in Toronto, New York, and Los Angeles.
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