The average price of a home sold in Toronto breached CA$1 million for the first time in February, with gains accelerating in the suburbs around Canada’s largest city. Prices in the Toronto region shot up 14.9% from the year before to CA$1.05 million as bidding wars broke out on properties that came up for sale, [&hellip…
For the third straight year, Toronto is among the global cities most at risk of a residential real estate bubble, according to a new report by UBS. In the latest edition of its Global Real Estate Bubble Index, UBS said that Toronto scored 1.96, the third highest just after Frankfurt (2.26) and Munich (2.35). Toronto was also [&hellip…
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