Affordability in Toronto has eroded to an all-time low, with prices jumping by more than 50 per cent in the past five years.
housing affordability
October 4, 2016
1:30AM
September 27, 2016
3:30AM
Regulatory red tape is resulting in fewer new homes than there otherwise would be with a growing pool of buyers, contributing to rising prices.
August 8, 2016
3:00AM
Unfortunately the discussion on housing affordability has been dominated by handwringing over foreign homebuyers and low interest rates.
July 18, 2016
3:00AM
Restricting Greater Toronto’s housing supply has consequences beyond the initial impacts on housing affordability.
July 5, 2016
3:00AM
The Bank of Canada and other central banks around the world have artificially lowered interest rates, making investment and risk-taking much cheaper.
June 27, 2016
2:15PM
Higher home prices are strongly associated with restrictive land-use regulations.
May 10, 2016
12:52PM
In Vancouver, it takes an average of 15 months to get a residential development approved—nearly five months longer than in neighbouring Burnaby.
February 18, 2016
3:10AM
In an effort to make housing more affordable in Greater Vancouver, B.C.’s latest budget exempts newly-built homes worth up to $750,000 from the property transfer tax.
October 20, 2015
9:20AM
The joint economies of the Toronto, Hamilton, and Oshawa metro areas are home to more than one in five Canadian jobs. Indeed, this region deserves its reputation as Ontario’s Greater Golden Horseshoe.