Canada:Toronto house prices surge 10 per cent in March; no relief in sight

House prices shot up 10 per cent in March over a year ago driven largely by fierce competition, more demand for higher-end homes and a stunning 15.9 per cent jump in the price of detached homes in the City of Toronto. There is no relief in sight for beleaguered buyers as Toronto heads into what’s […]

manager No Comments April 13, 2015 8:25 am

Canada: Toronto’s record house prices to rise further by 2017

Slumping oil and improving U.S. economy could boost housing markets across much of province, economist predicts. Toronto’s record house prices could soar a further 17 per cent by the end of 2017 as the lack of supply in the face of unrelenting demand continues to drive prices far beyond the rate of inflation, says the […]

manager No Comments March 26, 2015 9:38 am