Toronto home prices rise as competition heats up in tight market

Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300A welcome email is on its way. If you don't see it, please check your junk folder.

“Recent consumer polling also suggests that demand for ownership housing will continue to recover this year,” said Baron in aaccompanying the data. “Look for first-time buyers to lead this recovery, as high average rents move more closely in line with the cost of ownership.” The number of homes changing hands rebounded from a subdued February with a 44 per cent jump in sales to 6,896. However, the impacts of rate hikes had taken their toll in the past year as sales were down over 36 per cent from March 2022.

Who can buy a house in Toronto?

The government buying houses isnt really competition

yup in Ottawa as well. I've said it once and i will say it again...Land is gold, it never dies. it will never die. Always an investment...anyone that scoffs at it are jealous cuz people own and can afford OR takes the risk to buy one or two or three.

That didn’t take long. High interest rates and prices. Canada continues to mess up affordability.

By design in Trudeau’s Canada.

Seize all foreign owned residential and commercial properties without compensation. Seize all corporate owned residential properties. End immigration. Auction homes to first time citizen buyers.

Sucker born every minute

What’s heating up is the real estate crash that will be coming

Poll: Housing market over inflation fraud?

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Toronto housing market shows signs of rebounding, prices up in MarchVolume of sales rose by 44 per cent from February to March and the home price index rose by 2.5 per cent to $1,118,500 over the same period 😂😂😂😂🤡 I hope it goes up 100% a year so you all can get poorer and poorer
Source: globeandmail - 🏆 5. / 92 Read more »

Return of the hot housing market: More homes selling for over list price in MarchForty-four per cent fewer listings in March compared to last year sparked new competition in the GTA housing market, shows latest real estate board report. Terrible news for anyone not already a homeowner, like my kids. Wtf? We just unbanned foreign investment, so we're just right back to inflating the bubble? WE NEED A VOTE OF NON-CONFIDENCE BEFORE THIS COUNTRY COLLAPSES. Importing all the immigrants in the world won't make Serfdom work in 2023, JustinTrudeau. Media really making up headlines and deceiving to get the markets going.
Source: TorontoStar - 🏆 60. / 55 Read more »