Real estate market news Mar 31th 2017
Is Toronto's housing market in a bubble? Not quite, analyst says
As home prices in Toronto continue to increase, economists continue to debate whether or not the city’s housing market is indeed in a “bubble.” Market analyst Dana Senagama won’t use the term to describe Toronto’s market but concedes that “problematic conditions” persist.
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Commuter trains to deliver major growth in Montreal
Montreal’s new electric train project will provide a major boost to real estate development in parts of the city, members of the local real estate community heard at a conference this week. “For us, it’s major,” said Mario Monette,
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Will taxing Toronto's 65,000 vacant homes help affordability? | CBC News
Toronto Mayor John Tory is asking city staff to investigate the impact of taxing homes that sit vacant as a way of making more homes available and cooling the city's red-hot real estate market — an idea the provincial finance minister seems open to as well.
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