Real Estate

Introduction Toronto, the largest city in Canada, has been grappling with housing affordability issues for several years. In 2023, the issue continues to be a significant concern for both buyers and renters in the city. This article aims to provide an overview of the housing affordability situation in Toronto, discussing the challenges faced by individuals seeking to purchase or rent a home while...

It was up until the end of 2021, Toronto real estate prices have been steadily increasing; however, the things have changed ever since due to the higher cost of borrowing and stagnation in the economy. The average price for a detached home in Toronto was around $1.5 million CAD and 1 bedroom condo was around $700,000 in 2021, with prices varying based on the type of property, location, and other...

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