Dated Archives: January 8, 2016

Day: January 8, 2016 5 reasons Toronto house prices won’t crash in 2016

  After the Greater Toronto Area’s record year in 2015 for both the number of homes sold and the average price, the question is: when will it all come crashing down? The answer: not in 2016. Here are five reasons why this won’t be the year of Toronto’s housing collapse.   1. Supply and demand It’s the simplest rule of market economics and it applies to Toronto’s real-estate market. The population keeps growing, and people have to live somewhere. There’s little room to build more single-family houses to increase the supply. The demand from families who want to live in the city with a patch

View Article...