first time buyers are getting priced out of market and older, generational owners complain about taxes increasing (though their principal residence value is far outpacing any property tax increases). He argues that prices have consistently risen since 2008 at an unprecedented level and more so since 2019 to now where the national average has gone up by 37%.
Read MoreThere was a general feel that things had slowed down a bit and only a 1.1% increase was felt. There is also a bit of seller “greed” out there with pricing that is abnormally high and some offer dates coming and going with no sales.
Read MoreIn general, the Toronto Real Estate market is showing a resiliency that should not be surprising. When North American and Worldwide hardship both economic and societal has occurred in the past, Canada, and Toronto, specifically, have proven to be an exceptional place to live, raise a family and invest in.
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