high borrowing costs – SP Singh Ahluwalia

Ontario falling severely behind in addressing housing needs as per new study

A new report from the PLACE Centre at the University of Ottawa’s Smart Prosperity Institute has shed light on the significant disparities in housing construction across Canada’s 100 largest cities and towns, with Ontario shown to be severely underperforming. The study analyzed housing starts from 1 July 2018 to 30 June 2024, offering crucial insightsContinue reading “Ontario falling severely behind in addressing housing needs as per new study”

Toronto’s condo market faces decline amid rising inventory and high borrowing costs

Toronto’s condo market is experiencing a significant downturn, characterized by a sharp decrease in sales and an oversupply of units. This downturn is likely being driven by soaring borrowing costs, a growing surplus of inventory, evolving investor sentiment, and the broader implications of current policies. Recent data showed a sharp decrease in new condominium salesContinue reading “Toronto’s condo market faces decline amid rising inventory and high borrowing costs”