Toronto On Fire

Sales of existing homes in Toronto have been hot.  January sales broke a record with 5,173 homes sold, up 13% from January 2006.  Prices rose 9% to an average of $353,724. 

Seems like there’s still room to rise in Canada’s biggest city, where home prices are dwarfed by its sister on the Pacific, Vancouver.  (Story by The Star)

More Stories
OSFI stress test announcement
Homebuyers to Face More Stringent Mortgage Stress Test After June 1
Copy link