Recent market data paints a troubling picture for Toronto’s housing market, as both condo and home prices continue to fall under mounting economic strain. In fact, I have even noticed a significant drop in rental rates. Latest data shows that over 80% of condo listings in Toronto sold below asking and home prices sliding steadilyContinue reading “new data reveals sharp decline in Toronto condo and housing market amid economic pressures”
Tag Archives: Bank of Canada rate cuts
tumultuous week for housing market amid economic and policy shifts
This past week we saw a whirlwind of developments in Ontario, from rising mortgage rates, employment challenges, government rate cuts, and debates around immigration’s impact on GDP. This reflects the complexities of the rapidly changing economic and policy landscape and also highlights both the vulnerabilities and potential shifts in Canada’s housing and economic framework. TheContinue reading “tumultuous week for housing market amid economic and policy shifts”
SP Singh Ahluwalia 